| Regulation 36(2) Step 2 | Apply the formula— |
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| Schedule 4, paragraph 23(4) | The allocated amount is to be found by applying the formula— |
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| Schedule 4, paragraph 32 | The amount of the renter’s housing costs element is to be calculated by reference to the formula—
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| Schedule 4, paragraph 34(4) | Amount S is to be found by applying the formula— |
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| Schedule 4, paragraph 35(2) | The amount of the deduction is to be determined by the formula— |
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| Schedule 4, paragraph 35(3) | The relevant percentage is 14% in the case of one excess bedroom |
| Schedule 4, paragraph 35(4) | The relevant percentage is 25% in the case of two or more excess bedrooms |
| Schedule 5, paragraph 10(2) Step 3 | £200,000 |
| Schedule 5, paragraph 10(2) Step 4 | Apply the formula— |
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| Schedule 5, paragraph 11(2) Step 2 | £200,000 |
| Schedule 5, paragraph 11(2) Step 3 | Apply the formula— |
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| Schedule 5, paragraph 12(1) | The standard rate is the average mortgage rate published by the Bank of England which has effect for the purposes of paragraph 12 of Schedule 3 to the Income Support (General) Regulations (Northern Ireland) 1987 varied each time that sub-paragraph (3) applies such that the average mortgage rate published on the reference day then becomes the new standard rate in accordance with sub-paragraph (5). |