HC Deb 23 March 2004 vol 419 c839

Resolved,

That (1) In section 30A of the Finance Act 2001 after subsection (3) insert— "(4) The Treasury may by order made by statutory instrument amend subsection (2) above so as to—

  1. change the period in relation to which the amount of a tax credit is to be reduced;
  2. change the amount by which a tax credit is to be reduced.
(5) An order under subsection (4) above shall not be made unless a draft of the order has been laid before Parliament and approved by a resolution of the House of Commons." (2) This Resolution has effect on and after 1st April 2004.

And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.