The Income Support (General) Amendment and Transitional Regulations 1995

Type Statutory-Instrument
Publication 1995-08-31
State In force
Department Queen's Printer of Acts of Parliament
PDF Download
articles Not indexed
Reform history JSON API

Made: 31st August 1995

Laid before Parliament: 7th September 1995

Coming into force: 2nd October 1995

The Secretary of State for Social Security, in exercise of the powers conferred by sections 135(1), 137(1) and 175(1) and (3) to (5) of the Social Security Contributions and Benefits Act 1992[^f00001], and of all other powers enabling him in that behalf, after agreement by the Social Security Advisory Committee that proposals in respect of these Regulations should not be referred to it[^f00002], hereby makes the following Regulations:

Citation, commencement and interpretation

1

Amendment of the Income Support Regulations

2

In paragraph 12(1)(a) of Schedule 3 to the Income Support Regulations (standard rate of interest on qualifying loans)[^f00005] for the words “8.35 per cent.” there shall be substituted the words “8.39 per cent.”.

Transitional protection

3

Signed

Signed by authority of the Secretary of State for Social Security.

Andrew Mitchell — Department of Social Security — 31st August 1995

Explanatory note

(This note is not part of the Regulations)

These Regulations amend the Income Support (General) Regulations 1987 (S.I. 1987/1967) with respect to the standard rate of interest applicable to a loan which qualifies for income support under Schedule 3 to those Regulations as substituted by the Social Security (Income Support and Claims and Payments) Amendment Regulations 1995 (S.I.1995/1613), the new rate being 8.39 per cent. They also provide that arrears of interest which have accrued in certain circumstances and loans which were made to the partner of a claimant who has been deserted or in respect of certain repairs and improvements shall continue to qualify as housing costs for awards of income support to the extent specified, notwithstanding the substitution of the new Schedule 3.

These Regulations do not impose a charge on businesses.

Footnotes

[^f00001]: 1992 c. 4; section 137(1) is an interpretation provision and is cited because of the meaning ascribed to the word “prescribed”.

[^f00002]: See section 173(1)(b) of the Social Security Administration Act 1992.

[^f00003]: S.I. 1995/1613.

[^f00004]: S.I. 1987/1967; relevant amending instrument S.I. 1995/1613.

[^f00005]: Schedule 3 was substituted in the Regulations by S.I. 1995/1613.

[^f00006]: Relevant amending instruments S.I. 1988/2022, 1990/1776, 1993/3121 and 1994/527.

Reading this document does not replace reading the official text published on legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. We assume no responsibility for any inaccuracies arising from the conversion of the original CLML XML to this format.

This text is published under legislation.gov.uk's own terms of reuse, not a Legalize or public-domain licence. legislation.gov.uk
Open Government Licence v3.0 (attribution required)
© Crown and database right. Derived from content available under the Open Government Licence v3.0 from legislation.gov.uk.