Chwilio Deddfwriaeth

Chwiliad Uwch

The Social Security Benefits Up-rating Order (Northern Ireland) 2017

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Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).

Article 26(5)

SCHEDULE 15Applicable amounts specified in the Employment and Support Allowance Regulations 2008

This Atodlen has no associated Memorandwm Esboniadol
Column (1)Column (2)
Provisions in Employment and Support Allowance Regulations 2008Specified Sum
Schedule 6(1), paragraph 8(1)(b)Half the amount which would fall to be met by applying the provisions of head (a).
Schedule 6, paragraph 8(1)(c)Nil.
Schedule 6, paragraph 9(1)(b)Nil.
Schedule 6, paragraph 11The weekly amount of housing costs is the amount calculated by applying the formula—
Schedule 6, paragraph 12(4)(2)£100,000.
Schedule 6, paragraph 12(6)(a)A sum determined by applying the formula P x Q.
Schedule 6, paragraph 12(10)The qualifying portion of a loan shall be determined by applying the formula—
Schedule 6, paragraph 12(12)(b)£150,000.
Schedule 6, paragraph 12(12)(c)£125,000.
Schedule 6, paragraph 13(2)The standard rate is to be the average mortgage rate published by the Bank of England in August 2010 varied each time that sub-paragraph (2B) applies such that the average mortgage rate published on the reference day then becomes the new standard rate in accordance with sub-paragraph (2D).
(1)

Relevant amending Regulations are S.R. 2008 No. 413, S.R. 2010 No. 340 and S.R. 2016 No. 44

(2)

Paragraph 12 is modified in relation to certain persons so that it applies as if the reference to £100,000 were to £200,000 (see S.R. 2008 No. 503)

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Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Rule and provides information about its policy objective and policy implications. They aim to make the Statutory Rule accessible to readers who are not legally qualified and accompany any Northern Ireland Statutory Rule or Draft Northern Ireland Statutory Rule laid before the UK Parliament during the suspension of the Northern Ireland Assembly.

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