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The Social Security Benefits Up-rating Order 2011 (revoked)
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Rhagor o Adnoddau
Changes over time for: SCHEDULE 4
Version Superseded: 01/04/2012
Alternative versions:
- 16/03/2011- Amendment
- 16/03/2011
Point in time - 01/04/2012- Amendment
Status:
Point in time view as at 16/03/2011.
Changes to legislation:
There are currently no known outstanding effects for the The Social Security Benefits Up-rating Order 2011 (revoked), SCHEDULE 4.
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Article 17(7)
SCHEDULE 4APPLICABLE AMOUNTS SPECIFIED IN THE INCOME SUPPORT REGULATIONS
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Memorandwm Esboniadol
| (1) | (2) |
|---|---|
| Provision in Income Support Regulations | Specified Sum |
| Regulation 22A(1) M1 | Applicable amount to be reduced by a sum equivalent to 20 per cent. of the specified amount. |
| Schedule 3 M2, paragraph 5(3) | The relevant fraction shall be obtained in accordance with the formula— |
| Schedule 3, paragraph 6(1)(b) M3 | Half the amount which would fall to be met by applying the provisions of sub-paragraph (a). |
| Schedule 3, paragraph 6(1)(c) | Nil. |
| Schedule 3, paragraph 7(8) | 100 per cent. of eligible interest. |
| Schedule 3, paragraph 8(1)(b) | Nil. |
| Schedule 3, paragraph 10 M4 | The weekly amount of housing costs is the amount calculated by applying the formula— |
| Schedule 3, paragraph 11(5) M5 | £100,000. |
| Schedule 3, paragraph 11(7)(a) | A sum determined by applying the formula P x Q. |
| Schedule 3, paragraph 11(11) M6 | The qualifying portion of a loan shall be determined by applying the formula— |
| Schedule 3, paragraph 12(2) M7 | The standard rate is to be the average mortgage rate published by the Bank of England in August 2010. It is to be varied each time that sub-paragraph (2B) applies such that the average mortgage rate published on the reference day then becomes the new standard rate in accordance with sub-paragraph (2D). |
| Schedule 7, paragraph 2A M8 | Nil. |
| Schedule 7, paragraph 7 | Nil. |
| Schedule 7, paragraph 8(a) | Nil. |
| Schedule 7, paragraph 17 M9 | Nil. |
Marginal Citations
M1Regulation 22A was inserted by S.I. 1996/206 and paragraph (1) was amended by S.I. 1999/2422 and 3109 and 2001/3767.
M2Schedule 3 was substituted by S.I. 1995/1613.
M3Relevant amending instrument is S.I. 1995/2927.
M4Paragraph 10 was substituted by S.I. 2001/3651 and amended by S.I. 2004/2825.
M5See S.I. 2008/3195 which modifies paragraph 11(5) so that it applies as if the reference to “£100,000” were to “£200,000” in relation to certain persons.
M6Paragraph 11(11) was inserted by S.I. 1995/2927.
M7Relevant amending instruments are S.I. 2004/2825, 2007/3183, 2008/3195 and 2010/1811.
M8Paragraph 2A was substituted by S.I. 2005/3360.
M9Relevant amending instrument is S.I. 2000/636.
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