The Tax Credits and Child Trust Funds (Amendment) (EU Exit) Regulations 2019

Statutory Instruments

2019 No. 713

Exiting The European Union

Tax Credits

Child Trust Funds

The Tax Credits and Child Trust Funds (Amendment) (EU Exit) Regulations 2019

Made

28th March 2019

Laid before Parliament

29th March 2019

Coming into force in accordance with regulation 1(2)

The Treasury make regulations 1, 4, 5, 8 and 9 in exercise of the powers conferred by sections 3(7), 13(2) and 65(1) and (7) of the Tax Credits Act 2002(1) and regulations 10 to 13 in exercise of the powers conferred by sections 3(1) and 3(5) and 28(1) to (3) of the Child Trust Funds Act 2004(2) and the Commissioners for Her Majesty’s Revenue and Customs make regulations 1, 2, 3, 6 and 7 in exercise of the powers conferred by sections 4(1)(h), 24(7) and 65(2) and (7) of the Tax Credits Act 2002 now exercisable by them(3).

(1)

2002 c. 21. Section 67 defines “prescribed” as meaning “prescribed by regulations”.

(2)

2004 c. 6.

(3)

By virtue of section 65(2), the powers in sections 4(1) and 24(7) were exercisable by the Board. The Board is defined in section 67 as the Commissioners of Inland Revenue however expressed. The functions of the Commissioners of Inland Revenue were transferred to the Commissioners for Her Majesty’s Revenue and Customs by section 5(2) of the Commissioners for Revenue and Customs Act 2005 (c. 11). Section 50(1) of that Act provides that, insofar as is appropriate, in consequence of section 5, a reference to the Commissioners of Inland Revenue shall be taken as a reference to the Commissioners for Her Majesty’s Revenue and Customs.