The Social Security (Housing Costs Special Arrangements) (Amendment and Modification) Regulations (Northern Ireland) 2008

PART 1Amendments relating to the standard rate of interest

Amendments relating to the standard rate of interest

2.—(1) This regulation applies to the following provisions—

(a)paragraph 12(1) (the standard rate) of Schedule 3 to the Income Support Regulations;

(b)paragraph 11(2) (the standard rate) of Schedule 2 to the Jobseeker’s Allowance Regulations;

(c)paragraph 9(3) (the standard rate) of Schedule 2 to the State Pension Credit Regulations, and

(d)paragraph 13 (the standard rate) of Schedule 6 to the Employment and Support Allowance Regulations.

(2) In each of the provisions to which this regulation applies—

(a)for sub-paragraph (2) substitute—

(2) The standard rate is to be 6.08%., and

(b)omit sub-paragraph (3).

(1)

Paragraph 12 was substituted by regulation 2(c) of S.R. 2004 No. 461 and amended by regulation 2(3)(c) of S.R. 2007 No. 475

(2)

Paragraph 11 was substituted by regulation 3(c) of S.R. 2004 No. 461 and amended by regulation 4(c) of S.R. 2007 No. 475

(3)

Paragraph 9 was substituted by regulation 4(c) of S.R. 2004 No. 461 and amended by regulation 5 of S.R. 2007 No.475