Tax Credits Act 2002 Schedule 4 paragraph 18

Assembly etc. control of regulations

Paragraph 18 of Schedule 4 amends Article 75 of the relevant Northern Ireland Order to update the parliamentary and Assembly control procedures for tax credit regulations, distinguishing between regulations made by the Northern Ireland Department and those made by the Treasury or the Commissioners of Inland Revenue.

• The existing Assembly approval requirement is reworded so that it applies specifically to regulations made by the Northern Ireland Department that are listed in paragraph (2) of the Article.
• A new provision is inserted requiring that regulations listed in paragraph (2), when made by the Treasury or the Commissioners of Inland Revenue, must be laid in draft before Parliament and approved by resolution of both Houses (the affirmative procedure).
• Cross-references within the Article are updated to reflect the revised wording, replacing references to "regulations to which paragraph (1) applies" with "regulations specified in paragraph (2)".
• A new provision is inserted subjecting all other regulations made under the Order by the Treasury or the Commissioners of Inland Revenue to the negative procedure — meaning they take effect unless annulled by a resolution of either House of Parliament.