EXPLANATORY NOTE

(This note is not part of the Order)

This Order is made by the Treasury following a review of the general level of prices conducted under section 150 of the Social Security Administration Act 1992 (c. 5) in the tax year ending 5th April 2012.

The weekly rate of guardian’s allowance was last amended by the Guardian’s Allowance Up-rating Order 2011 (S.I. 2011/1029).

Article 2 increases the weekly rate of guardian’s allowance prescribed by paragraph 5 of Part 3 of Schedule 4 to the Social Security Contributions and Benefits Act 1992 (c. 4) from £14.75 to £15.55 with effect from 9th April 2012.

Article 3 states that no change is made in relation to the rates of child benefit which were substituted in regulation 2(1) of the Child Benefit (Rates) Regulations 2006 (S.I. 2006/965) by the Child Benefit Up-rating Order 2010 (S.I. 2010/982). This statement is required by virtue of section 150(2)(c) of the Social Security Administration Act 1992.

A full Impact Assessment has not been produced for this instrument as no impact on the private or voluntary sector is foreseen.