http://www.legislation.gov.uk/uksi/1996/2903/note/made
The Income Support (General) (Standard Interest Rate Amendment) (No. 3) Regulations 1996
Income support
Benefits
King's Printer of Acts of Parliament
2016-09-26
SOCIAL SECURITY
These Regulations amend Schedule 3 to the Income Support (General) Regulations 1987 (S.I. 1987/1967), as substituted and amended, with respect to the standard rate of interest applicable to a loan which qualifies for income support under that Schedule to those Regulations. The new rate is 6.89 per cent. (regulation 2). The Regulations also revoke, with a saving provision, regulations which made a previous amendment to that standard rate of interest (regulation 3).
The Income Support (General) (Standard Interest Rate Amendment) (No. 3) Regulations 1996
Regulations
The Income Support (General) (Standard Interest Rate Amendment) Regulations 1997
reg. 3
reg. 1(1)
(This note is not part of the Regulations)
These Regulations amend Schedule 3 to the Income Support (General) Regulations 1987 (S.I.1987/1967), as substituted and amended, with respect to the standard rate of interest applicable to a loan which qualifies for income support under that Schedule to those Regulations. The new rate is 6.89 per cent. (regulation 2). The Regulations also revoke, with a saving provision, regulations which made a previous amendment to that standard rate of interest (regulation 3).
These Regulations do not impose a charge upon businesses.