SCHEDULE 13Other amounts specified in the State Pension Credit Regulations
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)
Paragraph 2 was substituted by regulation 7(5) of S.R. 2005 No. 580 and sub-paragraph (2) was amended by regulation 5(5) of S.R. 2006 No. 97
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 M1, paragraph 7(1) | The weekly amount of housing costs shall be calculated by applying the formula— |
Schedule 2, paragraph 8(2) M2 | £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) | The standard rate is to be the average mortgage rate published by the Bank of England in August 2010 varied each time that sub-paragraph (2B) applies such that the average mortgage rate published on the reference day then becomes the new standard rate in accordance with sub-paragraph (2D). |
Schedule 3, paragraph 2(2)(b) M3 | Nil. |
Relevant amending Regulations are S.R. 2004 No. 461, S.R. 2007 No. 396 and S.R. 2010 No. 340