SCHEDULE 17Other amounts specified in the Universal Credit Regulations

Article 27(4)

Column (1)

Column (2)

Provisions in Universal Credit Regulations

Specified Sum

Regulation 36(2) Step 2

Apply the formula—

[ P A D ] × A Pmath

Schedule 4, paragraph 23(4)

The allocated amount is to be found by applying the formula—

( A B ) × Cmath

Schedule 4, paragraph 32

The amount of the renter's housing costs element is to be calculated by reference to the formula—

S H C Cmath

Schedule 4, paragraph 34(4)

Amount S is to be found by applying the formula—

( A B ) × Cmath

Schedule 4, paragraph 35(2)

The amount of the deduction is to be determined by the formula—

A × Bmath

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—

( A × S R ) 12math

Schedule 5, paragraph 11(2) Step 2

£200,000

Schedule 5, paragraph 11(2) Step 3

Apply the formula—

( A × S R ) 12math

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).