http://www.legislation.gov.uk/uksi/1995/2287/signature/made
The Income Support (General) Amendment and Transitional Regulations 1995
Income support
Benefits
Income
Business development
King's Printer of Acts of Parliament
2020-02-14
SOCIAL SECURITY
These Regulations amend the Income Support (General) Regulations 1987 (S.I. 1987/1967) with respect to the standard rate of interest applicable to a loan which qualifies for income support under Schedule 3 to those Regulations as substituted by the Social Security (Income Support and Claims and Payments) Amendment Regulations 1995 (S.I.1995/1613), the new rate being 8.39 per cent. They also provide that arrears of interest which have accrued in certain circumstances and loans which were made to the partner of a claimant who has been deserted or in respect of certain repairs and improvements shall continue to qualify as housing costs for awards of income support to the extent specified, notwithstanding the substitution of the new Schedule 3.
Signed by authority of the Secretary of State for Social Security.
Andrew MitchellDepartment of Social Security