SCHEDULE 16Other amounts specified in the State Pension Credit Regulations

Article 24(6)

Column (1)

Column (2)

Provisions in State Pension Credit Regulations

Specified Sum

Regulation 6(3)(a)

Nil.

Regulation 6(3)(b)

Nil.

Regulation 7(3)

Nil.

Schedule 2, paragraph 7(1)

The weekly amount of housing costs shall be calculated by applying the formula

A x B.52math

Schedule 2, paragraph 8(2)

£100,000.

Schedule 2, paragraph 8(4)(a)

The sum shall be determined by applying the formula P x Q.

Schedule 2, paragraph 8(8)

The qualifying portion of a loan shall be determined by applying the formula

R x S .Tmath

Schedule 2, paragraph 9(2)82

The standard rate shall be 1·58 per cent. plus the appropriate rate under head (a) or (b) as the case may be.

Schedule 2, paragraph 9(6)

5·88 per cent.