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The Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2016

Type Statutory-Instrument
Publication 2016-02-23
Last updated 2017-04-01
State In force
Department King's Printer of Acts of Parliament
Source legislation.gov.uk
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Made: 23rd February 2016

Laid before Parliament: 1st March 2016

Coming into force: 1st April 2016

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Citation and commencement

1

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Amendment of paragraph 7 of Schedule 9A to the Social Security (Claims and Payments) Regulations 1987

2

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Amendment of 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

3

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Signed

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

Freud — Minister of State, — Department for Work and Pensions — 23rd February 2016

Explanatory note

(This note is not part of the Regulations)

EXPLANATORY NOTE

These Regulations amend paragraph 7 of Schedule 9A to the Social Security (Claims and Payments) Regulations 1987 (S.I. 1987/1968) 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 (S.I. 2013/380) by reducing from £0.46 to £0.44 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.

An impact assessment has not been produced for this instrument as it has no new impact on business or civil society organisations.

Footnotes

[^f00001]: 1992 c. 5. Section 15A was inserted by paragraph 1 of the Schedule to the Social Security (Mortgage Interest Payments) Act 1992 (c.33) and relevant amendments were made by paragraph 9 of Schedule 2 to the State Pension Credit Act 2002 (c. 16).Section 189(1) was amended by paragraph 109 of Schedule 7 to the Social Security Act 1998 (c.14), paragraph 57(2) of Schedule 3 to the Social Security Contributions (Transfer of Functions etc.) Act 1999 (c.2) and Schedule 6 to the Tax Credits Act 2002 (c. 21). Section 189(4) was amended by paragraph 109 of Schedule 7 to the Social Security Act 1998 (c. 14) and by S.I. 2013/252.

[^f00002]: S.I. 1987/1968. Schedule 9A was inserted by regulation 6 of S.I. 1992/1026. Relevant amendments to paragraph 7 were made by S.I. 2002/3197 and 2015/343.

[^f00003]: S.I. 2013/380. Relevant amendments to paragraph 9 of Schedule 5 were made by S.I. 2015/343.

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