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12. In the Family Credit Regulations–
(a)in regulation 46(4) (determination of appropriate maximum family credit), the sum prescribed is £3,000;
(b)in regulation 46(4), (5) and (6) the amount specified for the credit in respect of a child or young person is NIL;
(c)in regulation 47 (applicable amount for family credit) for the sum of £54.80 there shall be substituted the sum of £57.60; and
(d)in paragraph 19 of Schedule 2 (sums to be disregarded in calculating income), in sub-paragraph (b) for the sum of £7.00 there shall be substituted the sum of £7.35.
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