Article 16 Family Credit
In the Family Credit Regulations—
in regulation 46(4) (determination of appropriate maximum family credit) the capital sum prescribed is £3,000;
in regulation 46(4), (5) and (6), the amount specified for the credit in respect of a child or young person is NIL;
in regulation 47(1)f1 (applicable amount), for the sum of £77.15 there shall be substituted the sum of £79.00; and
subject to paragraph (2) of this article, in Schedule 4 (determination of maximum family credit), the sums prescribed shall be as set out in Schedule 2 to this Order.
In Schedule 4 to the Family Credit Regulations as it has effect by virtue of regulation 10(3) of the Income-related Benefits and Jobseeker’s Allowance (Personal Allowances for Children and Young Persons) (Amendment) Regulations 1996f2 (transitional provisions)—
in paragraph 2(b) for the sum of £19.95 there shall be substituted the sum of £20.45;
in paragraph 3(a) for the sum of £24.80 there shall be substituted the sum of £25.40; and
in paragraph 3(b) for the sum of £34.70 there shall be substituted the sum of £35.55.