Tax Credits Act 2002 section 49

Functions transferred to Treasury

Section 49 transfers responsibility for child benefit and guardian's allowance from the Secretary of State (for Great Britain) and the Northern Ireland Department to the Treasury.

• The Treasury takes over responsibility for guardian's allowance in both Great Britain and Northern Ireland.
• The Treasury takes over responsibility for child benefit in both Great Britain and Northern Ireland, with minor exceptions relating to certain scheduling provisions.
• Powers dealing with overlap between child benefit or guardian's allowance and benefits under other member states' legislation are also transferred to the Treasury.
• Functions relating to the review and alteration of child benefit and guardian's allowance rates are likewise transferred to the Treasury in both Great Britain and Northern Ireland.