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The Jobseeker’s Allowance Regulations 1996

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The calculation for loans

[F19.  The weekly amount of existing housing costs or, as the case may be, new housing costs to be met under this Schedule in respect of a loan which qualifies under paragraph 14 or 15 shall be calculated by applying the formula—

where—

A

=

the amount of the loan which qualifies under paragraph 14 or 15;

B

=

the standard rate for the time being specified in respect of that loan under paragraph 11.]

Textual Amendments

Modifications etc. (not altering text)

C1Sch. 2 para. 9(1) modified (7.4.2003 for specified purposes and with effect in accordance with art. 1(2)(i)) by The Social Security Benefits Up-rating Order 2003 (S.I. 2003/526), arts. 1(2)(i), 23(11), Sch. 15

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