SCHEDULES

SCHEDULE 4 N.I. Housing costs element for renters

PART 4 N.I. Private rented sector F1 ...

Textual Amendments

F1 Words in Sch. 4 Pt. 4 heading omitted (8.5.2018) by virtue of The Universal Credit (Persons Required to Provide Information, Miscellaneous Amendments and Saving and Transitional Provision) Regulations (Northern Ireland) 2018 (S.R. 2018/92), regs. 1(2), 6(19)(c) (with reg. 10(1))

The calculation of the housing costs element under this Part N.I.

The amount of housing costs element under this Part N.I.

21.  The amount of the renter's housing costs element under this Part is to be calculated as follows.

Step 1

Determine—

(a) the amount of the renter's core rent, and

(b) the amount of the renter's cap rent,

and identify which is the lower amount (if both amounts are the same, that is the identified amount).

Step 2

Deduct the sum of the housing cost contributions (if any) under paragraph 12 from the amount identified in step 1.

The result is the amount of the renter's housing costs element calculated under this Part.