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2.—(1) The Universal Credit Regulations 2013(1) are amended as follows.
(2) In regulation 22(1)(b)(i) and (ii) (deduction of income and work allowance), substitute “63%” for “65%”.
(3) In the definition of “the nil UC threshold” in regulation 54A(6) (surplus earnings), in the formula substitute “63” for “65”.
S.I. 2013/376. Regulation 22(1) was amended by S.I. 2015/1649. Regulation 54A was inserted by S.I. 2015/345 and amended by S.I. 2015/1754. It is subject to savings specified in S.I. 2015/345 and has not yet come into force.
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