Applicable amount to be reduced by a sum equivalent to 40 per cent. or, as the case may be, 20 per cent. of the specified amount.

Applicable amount to be reduced by a sum equivalent to 40 per cent. or, as the case may be, 20 per cent. of the specified amount.

Schedule 2, paragraph 6(1)(b)

Half the amount which would fall to be met by applying the provisions of sub-paragraph (a).

Schedule 2, paragraph 6(1)(c)

Nil.

Schedule 2, paragraph 7(1)(b)

Nil.

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

$\genfrac{}{}{0.1ex}{}{\text{A x B}}{\text{52}}$

£100,000.

Schedule 2, paragraph 10(6)(a)

The appropriate amount shall be a sum determined by applying the formula P x Q.

Schedule 2, paragraph 10(10)

The qualifying portion of a loan shall be determined by applying the formula—

$\genfrac{}{}{0.1ex}{}{\text{R x S}}{\text{T}}$

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 4, paragraph 4

Nil.

Nil.

Nil.