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16. In the Family Credit Regulations—
(a)in regulation 13(1)(c)(1), for the sum of £40 there shall be substituted the sum of £60;
(b)in regulation 46(4) (determination of appropriate maximum family credit), the capital sum prescribed is £3,000;
(c)in regulation 46(4), (5) and (6), the amount specified for the credit in respect of a child or young person is NIL;
(d)in regulation 47 (applicable amount), for the sum of £73.00 there shall be substituted the sum of £75.20;
(e)in paragraph 19(b)(2) of Schedule 2 (sums to be disregarded in the calculation of income other than earnings), for the sum of £9.20 there shall be substituted the sum of £9.25; and
(f)in Schedule 4 (determination of maximum family credit), the sums prescribed shall be increased so as to have effect as set out in Schedule 2 to this Order.
Sub-paragraph (c) was inserted by S.I. 1994/1924, regulation 4(3)(b).
Paragraph 19 was substituted by S.I. 1994/527, regulation 22(2).
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