Welfare Benefits Up-rating Bill

Page 2, line 2, at end insert—

“( ) Subsection (1) does not apply in relation to a tax year if, on the review in that tax year under section 150(1) of the Social Security Administration Act 1992, the Secretary of State determines that the general level of prices, measured by the Consumer Price Index, for Great Britain has increased by 3% or more over the period under review.”

Page 2, line 29, at end insert—

“( ) Subsection (1) does not apply in relation to a tax year if, on the review in that tax year under section 41 of the Tax Credits Act 2002, the Treasury determine that the general level of prices, measured by the Consumer Price Index, in the United Kingdom has increased by 3% or more over the period under review.”