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Child benefit (new rates).
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5.— (1) Section 221 of the Principal Act is amended by substituting the following subsection for subsection (1) (amended by section 17 of the Act of 2006):
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“(1) Subject to this Act, a qualified person shall be paid a monthly benefit of the amount set out in column (2) of Part 4 of Schedule 4 for a qualified child referred to in column (1) of that Part of that Schedule opposite that amount.”.
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(2) Schedule 4 to the Principal Act is amended by substituting the following Part for Part 4 (inserted by section 7 of the Act of 2009):
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“PART 4
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Amounts of Child Benefit
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Child in respect of whom child benefit is payable
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Monthly rate of child benefit payable per child
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(1)
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(2)
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€
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1. Each of the first 2 qualified children
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140.00
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2. Third qualified child
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167.00
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3. Each qualified child in excess of 3 qualified children
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177.00
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”.
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(3) This section comes into operation on 1 January 2011.
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