(1) The principal Regulations shall be further amended in accordance with the following provisions of this regulation.
(2) In regulation 2(1) (interpretation) in the appropriate places in alphabetical order, there shall be inserted the following definitions—
“relevant benefit year” has the meaning assigned to it in paragraph 1(4) of Schedule 3 to the Act in relation to the benefit in question;
“year” means tax year;
(3) In regulation 8 (credits on termination of full-time education, training or apprenticeship)—
(a) in paragraph (1)—
(i) for the words “unemployment benefit, sickness benefit or maternity allowance” there shall be substituted the words “unemployment benefit or sickness benefit”;
(ii) for the words “during any part of the relevant past year” to the end, there shall be substituted the following—
“during any part of the last two complete years before the beginning of the relevant benefit year, shall, subject to paragraph (2), be entitled to be credited with earnings, equal to the lower earnings limit then in force, for either of those years, provided that the other is, in his case, a reckonable year and if that course or, as the case may be, his apprenticeship has terminated.”;
(b) at the end of paragraph (2)(b) a semi-colon shall be substituted for the full-stop;
(c) after paragraph (2)(b) there shall be inserted the following sub-paragraph—
(c) to a person in respect of any tax year before that in which he attains the age of 18.