The Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2017

Made6th March 2017

Laid before Parliament10th March 2017

Coming into force1st April 2017

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 1992 Act”).

In accordance with section 15A(2) of the 1992 Act, the Secretary of State has consulted with such organisations representing qualifying lenders likely to be affected by the Regulations as the Secretary of State considers appropriate.

In accordance with section 173(1)(b) of the 1992 Act, the Social Security Advisory Committee has agreed that the proposals in respect of these Regulations should not be referred to it.

Citation and commencement1.

These Regulations may be cited as the Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2017 and come into force on 1st April 2017.

Amendment of the Social Security (Claims and Payments) Regulations 19872.

In paragraph 7 of Schedule 9A to the Social Security (Claims and Payments) Regulations 19872 (fees payable by qualifying lenders), for “£0.44” substitute “£0.39”.

Amendment of the Universal Credit, Personal Independence Payment, Jobseeker’s Allowance and Employment and Support Allowance (Claims and Payments) Regulations 20133.

In paragraph 9(2) of Schedule 5 to the Universal Credit, Personal Independence Payment, Jobseeker’s Allowance and Employment and Support Allowance (Claims and Payments) Regulations 20133 (fees payable by qualifying lenders), for “£0.44” substitute “£0.39”.

Revocation of Regulations4.

The Regulations set out in the Schedule are revoked to the extent specified.

Signed by authority of the Secretary of State for Work and Pensions

Caroline Nokes

Parliamentary Under Secretary of State,

Department for Work and Pensions

6th March 2017

SCHEDULERevocation of Regulations

Regulation 4

Regulations	References	Extent of revocation
The Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2016	S.I. 2016/228	The whole Regulations
The Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2015	S.I. 2015/343	The whole Regulations
The Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2014	S.I. 2014/485	The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2013	S.I. 2013/456	The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2012	S.I. 2012/644	The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2011	S.I. 2011/679	The whole Regulations
The Social Security (Miscellaneous Amendments) Regulations 2010	S.I. 2010/510	Regulation 3(8)
The Social Security (Miscellaneous Amendments) Regulations 2009	S.I. 2009/583	Regulation 3
The Social Security (Claims and Payments) Amendment Regulations 2007	S.I. 2007/541	The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2006	S.I. 2006/551	The whole Regulations
The Social Security (Claims and Payments) Amendment (No. 3) Regulations 2005	S.I. 2005/2154	The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2004	S.I. 2004/576	Regulation 3
The Social Security (Claims and Payments) Amendment Regulations 2003	S.I. 2003/470	The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2002	S.I. 2002/355	The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2000	S.I. 2000/1366	The whole Regulations
The Social Security (Claims and Payments) Amendment (No. 2) Regulations 1998	S.I. 1998/3039	The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 1997	S.I. 1997/3034	The whole Regulations
The Social Security (Claims and Payments) Amendment (No. 2) Regulations 1996	S.I. 1996/2988	The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 1995	S.I. 1995/3055	The whole Regulations
The Social Security (Claims and Payments) Amendment (No. 3) Regulations 1994	S.I. 1994/2944	The whole Regulations
The Social Security (Claims and Payments) Amendment (No. 2) Regulations 1992	S.I. 1992/3002	The whole Regulations

EXPLANATORY NOTE

(This note is not part of the Regulations)

Paragraph 7 of Schedule 9A to the Social Security (Claims and Payments) Regulations 1987, and paragraph 9(2) of Schedule 5 to the Universal Credit, Personal Independence Payment, Jobseeker’s Allowance and Employment and Support Allowance (Claims and Payments) Regulations 2013 (“the principal provisions”) prescribe the fee payable by certain lenders (“qualifying lenders”) for the purpose of defraying administrative expenses incurred by the Secretary of State in making payments in respect of mortgage interest direct to the qualifying lenders.

These Regulations amend the principal provisions by reducing the fee from £0.44 to £0.39.

These Regulations also revoke previous instruments which amended the fee in the principal provisions, and are now spent.

A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sectors is foreseen.