(This note is not part of the Regulations)
These Regulations amend the Child Benefit and Guardian’s Allowance (Administration) Regulations 2003 (S.I. 2003/492) (“the 2003 Regulations”) to broaden the categories of bank and other accounts into which payment of child benefit and guardian’s allowance may be made.
The effect is that payment may be made to any bank or other account that has been notified to the Commissioners for Her Majesty’s Revenue and Customs, by the person entitled to the benefit or allowance, for the purpose of payment of relevant benefits. This principle replaces the more detailed requirements in regulation 16(4) of the 2003 Regulations (which are removed by these Regulations) requiring the account to be in the name of the person entitled to the benefit or allowance or in the name of the entitled person’s partner or a person acting on behalf of the entitled person (or in the joint names of the entitled person and one of those other categories of person).
A full impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.