The Social Security Benefits Up-rating Order (Northern Ireland) 2010

Article 24(6)

SCHEDULE 13Other amounts specified in the State Pension Credit Regulations

This schedule has no associated Explanatory Memorandum
Column (1)Column (2)
Provisions in State Pension Credit RegulationsSpecified 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—
Schedule 2, paragraph 8(2)(1)£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—
Schedule 2, paragraph 9(2)(2)The standard rate is to be 6∙08 per cent.
Schedule 3, paragraph 2(3)Nil.
(1)

Paragraph 8(2) is modified in relation to certain persons so that it applies as if the reference to £100,000 were to £200,000 (see S.R. 2008 No. 503)

(2)

Paragraph 9 was substituted by regulation 4(c) of S.R. 2004 No. 461 and amended by regulation 5 of S.R. 2007 No. 475 and regulation 2 of S.R. 2008 No. 503

(3)

Paragraph 2 was substituted by regulation 7(5) of S.R. 2005 No. 580 and amended by regulation 5(5) of S.R. 2006 No. 97