2013 No. 456
Social Security
The Social Security (Claims and Payments) Amendment Regulations 2013
Made
Laid before Parliament
Coming into force
The Secretary of State for Work and Pensions makes the following regulations in exercise of the powers conferred by sections 15A(2)(b) and 189(1) and (4) of the Social Security Administration Act 19921.
The Secretary of State has consulted with organisations representing qualifying lenders likely to be affected by the Regulations2.
The Social Security Advisory Committee has agreed that proposals in respect of these Regulations should not be referred to it3.
Citation and commencement1.
These Regulations may be cited as the Social Security (Claims and Payments) Amendment Regulations 2013 and come into force on 1st April 2013.
Amendment of paragraph 7 of Schedule 9A to the Social Security (Claims and Payments) Regulations 19872.
In paragraph 7 of Schedule 9A (deductions of mortgage interest from benefit and payment to qualifying lenders) to the Social Security (Claims and Payments) Regulations 19874, for the amount “£0.38” substitute the amount “£0.35”.
Signed by authority of the Secretary of State for Work and Pensions
Freud
Parliamentary Under-Secretary of State
Department for Work and Pensions
EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations amend paragraph 7 of Schedule 9A to the Social Security (Claims and Payments) Regulations 1987 (S.I. 1987/1968) by reducing from £0.38 to £0.35 the fee which qualifying lenders pay for the purpose of defraying administrative expenses incurred by the Secretary of State in making payments in respect of mortgage interest direct to qualifying lenders.
A full impact assessment has not been produced for this instrument as it has no new impact on business or civil society organisations.