The Tax Credits Up-rating Regulations 2004

Draft Regulations laid before Parliament under section 66(1) and (2)(a) of the Tax Credits Act 2002, for approval by resolution of each House of Parliament.

Draft Statutory Instruments

2004 No.

TAX CREDITS

The Tax Credits Up-rating Regulations 2004

Made

March 2004

Coming into force

6th April 2004

Whereas the Treasury have reviewed the amounts specified in section 41(2) of the Tax Credits Act 2002(1) in order to determine whether they have retained their value in relation to general level of prices in the United Kingdom;

And whereas a draft of these Regulations, which prescribe monetary amounts that are required to be reviewed under that section, was laid before, and approved by resolution of, each House of Parliament, pursuant to section 66(1) and (2)(a) of that Act;

Now therefore the Treasury, in exercise of the powers conferred upon them by sections 7(1)(a), 9, 11, 13(2) and 65(1) of that Act, make the following Regulations:

(1)

2002 c. 21