SCHEDULES
SCHEDULE 11Employment income provided through third parties: loans etc outstanding on 5 April 2019
PART 2Approval of a qualifying loan etc.
21Qualifying payments condition
1
The qualifying payments condition is met in relation to a qualifying loan if, during the relevant period—
a
payments have been made to the lender in respect of the repayment of the principal of the loan, and
b
the payments have been made at intervals not exceeding 53 weeks.
2
The “relevant period” in relation to a loan is the period beginning with the making of the loan and ending with the making of the application.