Explanatory note
(This note is not part of the Regulations)
The Tax Credits Act 2002 (“the Act”) introduces new tax credits – child tax credit and working tax credit – which are available from 6th April 2003.
Section 43 of the Act provides that regulations may make provision for Part 1 of the Act to apply to persons who are parties to polygamous marriages subject to prescribed modifications.
Regulation 1 provides for citation, commencement and effect, and regulation 2 for interpretation.
Regulations 3 to 21 prescribe modifications to Part 1 of the Act for members of polygamous units.
Regulations 22 to 56 make technical amendments to other Regulations dealing with new tax credits, which are consequential on the modifications made by regulations 3 to 21.