[F1 Amounts prescribed for the purposes of section 7(3) of the Act] U.K.

[F2 5.   The amount prescribed—

(a) for the purposes of section 7(3)(a) and (b) of the Act is [F3 £2,500]; and

(b) for the purposes of section 7(3)(c) and (d) of the Act is £2,500.]

Textual Amendments

F1 Reg. 5 heading substituted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Tax Credits Up-rating Regulations 2012 (S.I. 2012/849), regs. 1(1), 4(2)

F2 Reg. 5 substituted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Tax Credits Up-rating Regulations 2012 (S.I. 2012/849), regs. 1(1), 4(3)

F3 Sum in reg. 5(a) substituted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Tax Credits (Income Thresholds and Determination of Rates) (Amendment) Regulations 2016 (S.I. 2016/393), regs. 1(1), 2(2)

Commencement Information

I1 Reg. 5 in force (1.8.2002) for specified purpose and in force (1.1.2003) for further specified purpose, otherwise (6.4.2003) for all other purposes.