Article 25(6)
SCHEDULE 13Other amounts specified in the State Pension Credit Regulations
This schedule has no associated Explanatory Memorandum
| Column (1) | Column (2) |
|---|---|
| Provisions in State Pension Credit Regulations | Specified Sum |
| Regulation 6(3)(a) | Nil. |
| Regulation 6(3)(b) | Nil. |
| Regulation 7(3) | Nil. |
| Schedule 2(1), paragraph 7(1) | The weekly amount of housing costs shall be calculated by applying the formula— |
 | |
| Schedule 2, paragraph 8(2)(2) | £100,000. |
| Schedule 2, paragraph 8(4)(a) | The sum shall be determined by applying the formula P x Q. |
| Schedule 2, paragraph 8(8) | The qualifying portion of a loan shall be determined by applying the formula— |
 | |
| Schedule 2, paragraph 9(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). |
| Schedule 3, paragraph 2(2)(b)(3) | Nil. |
(1)
Relevant amending Regulations are S.R. 2004 No. 461, S.R. 2007 No. 396 and S.R. 2010 No. 340
(2)
Paragraph 8(2) 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)
(3)
Paragraph 2 was substituted by regulation 7(5) of S.R. 2005 No. 580 and sub-paragraph (2) was amended by regulation 5(5) of S.R. 2006 No. 97