9.—(1) Schedule 4 is amended as follows.
(2) In paragraph 11(4)—
(a)for the formula substitute “(N + P + L + S) − (SP + CD)”;
(b)in the description of “N” omit paragraph (b);
(c)in the description of “P” omit “if any adjustment to that amount under regulation 7(2) of the Working Tax Credit (Payment by Employers) Regulations 2002 were disregarded”;
(d)in the description of “L” omit “and in regulation 7(2) of the Working Tax Credit (Payment by Employers) Regulations 2002”; and
(e)omit the description of “T”.