Clause 2 - LCWRA element for tax year 2026-27
Amendment proposed: 12, page 3, line 3, leave out from “Schedule 1” to end of line 6 and insert “may not come into force until the conditions in section [Pre-commencement requirements] have been met.
(4) If the conditions in section [Pre-commencement requirements] have been met prior to 6 April 2026, this section and Schedule 1 shall come into force on 6 April 2026 and have effect in relation to assessment periods commencing on or after that date, and for this purpose “assessment period” has the same meaning as in Part 1 of the Welfare Reform Act 2012.
(5) If the conditions in section [Pre-commencement requirements] have not been met prior to 6 April 2026, but are met on a subsequent day, this section and Schedule 1 shall come into force on the first day of the calendar month after that day and have effect in relation to assessment periods commencing on or after that date, and for this purpose “assessment period” has the same meaning as in Part 1 of the Welfare Reform Act 2012.”—(Steve Darling.)