Article 16 Family Credit

in regulation 13(1)(c)^f1, for the sum of £40 there shall be substituted the sum of £60;

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 (applicable amount), for the sum of £73.00 there shall be substituted the sum of £75.20;

in paragraph 19(b)^f2 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

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.