PART 1INTRODUCTION

General

Rounding7

1

Where the calculation of an amount for the purposes of these Regulations results in a fraction of a penny, that fraction is to be disregarded if it is less than half a penny and otherwise it is to be treated as a penny.

2

Where the calculation of an amount for the purposes of the following F1provisions results in a fraction of a pound that fraction is to be disregarded—

F2za

regulation 82(1)(a) (exceptions – earnings);

a

regulation 89 (claimants subject to no work-related requirements – the earnings thresholds); and

b

regulation 97(6) (circumstances in which requirements must not be imposed). F3...

F3c

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3

This regulation does not apply to the calculation in regulation 108 (daily reduction rate) for a reduction under Article 31 or 32 of the Order.