http://www.legislation.gov.uk/uksi/2001/3721/note/madeThe Income Support (General) (Standard Interest Rate Amendment) (No. 3) Regulations 2001Income supportBusiness practice and regulationRegulation and deregulationKing's Printer of Acts of Parliament2011-07-04SOCIAL 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 6.19 per cent. (regulation 2). The Regulations also revoke, with a saving provision, regulations which made the previous amendment to that standard rate of interest (regulation 3). (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 6.19 per cent. (regulation 2). The Regulations also revoke, with a saving provision, regulations which made the previous amendment to that standard rate of interest (regulation 3).

These Regulations do not impose a charge upon business.