(1) Section 194 of the Principal Act is hereby amended by the substitution for subsection (1) of the following subsection:
"(1) Subject to this Act, a person who is qualified for child benefit shall, so long as he remains so qualified, be paid out of moneys provided by the Oireachtas a monthly benefit of the amount set out in column (1) of Part III of the Fourth Schedule in respect of each of the first 2 qualified children and, in addition, the amount set out in column (2) of that Part in respect of each qualified child (if any) in excess of 2.".
(2) The Fourth Schedule to the Principal Act is hereby amended by the substitution for Part III of the following Part:
"Part III Amounts of Child Benefit
|
Amount for each of first 2 children |
Amount for each child in excess of 2 |
|---|---|
|
(1) |
(2) |
|
£20.00 |
£25.00" |
".
(3) This section shall come into operation on the 1st day of September, 1994.