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The Social Security Benefits Up-rating Order 2012
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This is a draft item of legislation and has not yet been made as a UK Statutory Instrument. This draft has been replaced by a new draft, The Social Security Benefits Up-rating Order 2013 ISBN 978-0-11-153359-8
Article 17(7)
SCHEDULE 4APPLICABLE AMOUNTS SPECIFIED IN THE INCOME SUPPORT REGULATIONS
This schedule has no associated Explanatory Memorandum
| (1) | (2) |
|---|---|
| Provision in Income Support Regulations | Specified Sum |
| Regulation 22A(1)(1) | Applicable amount to be reduced by a sum equivalent to 20 per cent. of the specified amount. |
| Schedule 3(2), paragraph 5(3) | The relevant fraction shall be obtained in accordance with the formula— |
 | |
| Schedule 3, paragraph 6(1)(b)(3) | Half the amount which would fall to be met by applying the provisions of sub-paragraph (a). |
| Schedule 3, paragraph 6(1)(c) | Nil. |
| Schedule 3, paragraph 7(8) | 100 per cent. of eligible interest. |
| Schedule 3, paragraph 8(1)(b) | Nil. |
| Schedule 3, paragraph 10(4) | The weekly amount of housing costs is the amount calculated by applying the formula— |
 | |
| Schedule 3, paragraph 11(5)(5) | £100,000. |
| Schedule 3, paragraph 11(7)(a) | A sum determined by applying the formula P x Q. |
| Schedule 3, paragraph 11(11)(6) | The qualifying portion of a loan shall be determined by applying the formula— |
 | |
| Schedule 3, paragraph 12(2)(7) | The standard rate is to be the average mortgage rate published by the Bank of England in August 2010. It is to be 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 7, paragraph 2A(8) | Nil. |
| Schedule 7, paragraph 7 | Nil. |
| Schedule 7, paragraph 8(a) | Nil. |
| Schedule 7, paragraph 17(9) | Nil. |
(1)
Regulation 22A was inserted by S.I. 1996/206 and paragraph (1) was amended by S.I. 1999/2422 and 3109, 2001/3767 and 2007/2618.
(2)
Schedule 3 was substituted by S.I. 1995/1613.
(3)
Relevant amending instrument is S.I. 1995/2927.
(4)
Paragraph 10 was substituted by S.I. 2001/3651 and amended by S.I. 2004/2825.
(5)
See S.I. 2008/3195 which modifies paragraph 11(5) so that it applies as if the reference to “£100,000” were to “£200,000” in relation to certain persons.
(6)
Paragraph 11(11) was inserted by S.I. 1995/2927.
(7)
Relevant amending instruments are S.I. 2004/2825 and 2010/1811.
(8)
Paragraph 2A was substituted by S.I. 2005/3360.
(9)
Relevant amending instrument is S.I. 2000/636.
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