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The Social Security Benefits Up-rating Order (Northern Ireland) 2012

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This is the original version (as it was originally made).

Article 26(6)

SCHEDULE 16Applicable amounts specified in the Employment and Support Allowance Regulations

This schedule has no associated Explanatory Memorandum
Column (1)Column (2)
Provisions in Employment and Support Allowance RegulationsSpecified Sum
Schedule 6, paragraph 8(1)(c)Nil.
Schedule 6, paragraph 11

The weekly amount of housing costs is the amount calculated by applying the formula—

Schedule 6, paragraph 12(4)(1)£100,000.
Schedule 6, paragraph 12(6)(a)The appropriate amount shall be 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 13(2)(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)

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)

(2)

Paragraph 13 was amended by regulation 2(2)(b) of S.R. 2008 No. 503 and regulation 2 of S.R. 2010 No. 340

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