3.—(1) Where a claimant for income support whose applicable amount, in the benefit week which included 1st October 1995, included an amount in respect of the interest on a loan or part of a loan by virtue of paragraph 7(6), 7(7) or 8(1)(a) of Schedule 3 to the Income Support Regulations (housing costs) (“the former paragraphs”) as then in force(1) and that loan or part of a loan is not a qualifying loan for the purposes of paragraphs 15 and 16 of Schedule 3 to the Income Support Regulations, paragraphs (2) and (3) shall have effect in his case.
(2) A loan or part of a loan to which paragraph (1) applies shall qualify as a loan to which paragraph 15 or 16, as the case may be, of Schedule 3 to the Income Support Regulations applies, for as long as any of the former paragraphs would have continued to be satisfied had it remained in force and the claimant remains in receipt of income support or is treated as being in receipt of income support.
(3) Heads (a), (c) and (e) of sub-paragraph (1) of paragraph 14 of Schedule 3 to the Income Support Regulations shall apply to paragraph (2) above as they apply to Schedule 3, but as if the words “Subject to sub-paragraph (2)” at the beginning were omitted.
Relevant amending instruments S.I. 1988/2022, 1990/1776, 1993/3121 and 1994/527.