Introductory text
Tax Credits
Made 5th March 2008
Laid before Parliament 6th March 2008
Coming into force in accordance with regulation 1
These Regulations are made by the Treasury and the Commissioners for Her Majesty’s Revenue and Customs.
The powers exercised by the Treasury are those contained in sections 7(8), 12 and 65(1) of the Tax Credits Act 2002f1.
The powers exercised by the Commissioners for Her Majesty’s Revenue and Customs are those contained in sections 4(1)(b), 24(7), 65(2)f2 and 67 of that Act.
Annotations
Footnotes
- f1
- f2
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By virtue of section 65(2), the powers in sections 4(1)(b) and 24(7) were exercisable by the Board. The Board is defined in section 67 as the Commissioners of Inland Revenue. The functions of the Commissioners of Inland Revenue were transferred to the Commissioners for Her Majesty’s Revenue and Customs by section 5(2) of the Commissioners for Revenue and Customs Act 2005 (c.11). Section 50(1) of that Act provides that, insofar as is appropriate in consequence of section 5, a reference to the Commissioners of Inland Revenue shall be taken as a reference to the Commissioners for Her Majesty’s Revenue and Customs.