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Welfare Reform and Work Act 2016

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This is the original version (as it was originally enacted).

18Loans for mortgage interest etc

This section has no associated Explanatory Notes

(1)The Secretary of State may by regulations provide for loans to be made in respect of a person’s liability to make owner-occupier payments in respect of accommodation occupied by the person as the person’s home.

(2)The regulations may make provision about eligibility to receive a loan under the regulations.

(3)Regulations under subsection (2) may in particular require that a person—

(a)is entitled to receive income support, income-based jobseeker’s allowance, income-related employment and support allowance, state pension credit or universal credit;

(b)has received such a benefit for a period prescribed by the regulations.

(4)The regulations may make provision about the liabilities in respect of which a loan under the regulations may be made.

(5)Regulations under subsection (4) may in particular provide that a loan under the regulations may only be made if, and to the extent that, a person’s liability to make owner-occupier payments was incurred for purposes prescribed by the regulations.

(6)Regulations under subsection (4) may in particular make provision about—

(a)determining or calculating the amount of a person’s liabilities;

(b)the maximum amount of a person’s liabilities in respect of which a loan under the regulations may be made.

(7)The regulations may—

(a)make provision about determining or calculating the amount that may be paid by way of loan under the regulations;

(b)require that a loan under the regulations be secured by a mortgage of or charge over a legal or beneficial interest in land or, in Scotland, by a heritable security.

(8)The regulations may define “owner-occupier payment”.

(9)Regulations under this section may make different provision for different purposes.

(10)Regulations under this section must be made by statutory instrument.

(11)A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of either House of Parliament.

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