Amendment of Schedule 3 to the Income Support Regulations

2.  In paragraph 12(1)(a) of Schedule 3 to the Income Support Regulations(1) (standard rate of interest on qualifying loans), for the words “7.16 per cent.” there shall be substituted the words “6.89 per cent.”.

(1)

Schedule 3 is substituted by S.I.1995/1613; the relevant amending instrument is S.I.1996/1889.