# The Tax Credits (Prescribed Period of Awards) Regulations 2002, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations provide that where an award of working families tax credit or disabled person’s tax credit becomes payable on or after 4th June 2002, the period for which that award shall be payable is the period that begins on the date on which it becomes payable and ends on 7th April 2003, rather than the period of 26 weeks specified in sections 128(3) and 129(6) of the Social Security Contributions and Benefits Act 1992.
The purpose of these Regulations is to facilitate the transition to the new tax credits to be introduced from April 2003 under the Tax Credits Bill currently before Parliament.

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Source: https://www.legislation.gov.uk/uksi/2002/1334/note (the official version)
Page: https://openlegislation.uk/tax-credits-prescribed-period-of-awards-regulations-2002/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.