- Latest available (Revised)
- Original (As made)
The Income-related Benefits Schemes (Miscellaneous Amendments) Regulations 1994
You are here:
- UK Statutory Instruments
- 1994 No. 527
- Regulation 25
What Version
Opening Options
More Resources
Status:
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Amendment of regulation 25 of the Disability Working Allowance Regulations
25.—(1) Regulation 25 of the Disability Working Allowance Regulations (calculation of net profit of self-employed earners)(1) shall be amended in accordance with the following provisions of this regulation.
(2) For the words “one half of any premium paid in respect of a retirement annuity contract or a personal pension scheme” in each place in the regulation where they occur there shall be substituted the words “one-half of the amount in respect of any qualifying premium calculated in accordance with paragraph (15)”.
(3) In paragraph (14) for the words “In this regulation” there shall be substituted the words—
“In this regulation—
(a)
“qualifying premium” means any premium which at the date of claim is payable periodically in respect of a retirement annuity contract or a personal pension scheme;
(b)
”(4) After paragraph (14) there shall be added the following paragraph—
“(15) The amount in respect of any qualifying premium shall be calculated by multiplying the daily amount of the qualifying premium by the number equal to the number of days in the assessment period; and for the purposes of this regulation the daily amount of the qualifying premium shall be determined—
(a)where the qualifying premium is payable monthly, by multiplying the amount of the qualifying premium by 12 and dividing the product by 365;
(b)in any other case, by dividing the amount of the qualifying premium by the number equal to the number of days in the period to which the qualifying premium relates.”.
(1)
Relevant amending instrument is S.I.1993/2119.
Options/Help
Print Options
PrintThe Whole Instrument
PrintThis Section only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Opening Options
Different options to open legislation in order to view more content on screen at once
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.