The Social Security Benefits Up-rating Order 2006

Article 26(6)

SCHEDULE 20OTHER AMOUNTS SPECIFIED IN THE STATE PENSION CREDIT REGULATIONS

This schedule has no associated Explanatory Memorandum
Provision in State Pension Credit RegulationsSpecified Amount
Regulation 6(3)(a)Nil.
Regulation 6(3)(b)Nil.
Regulation 7(3)Nil.
Schedule II, paragraph 6(3)

The relevant fraction of the applicable amount is the amount calculated by the formula—

Schedule II, paragraph 7(1)

The weekly amount of housing costs shall be calculated by applying the formula—

Schedule II, paragraph 8(2)£100,000.
Schedule II, paragraph 8(4)(a)

The sum shall be determined by applying the formula—

P × Q

Schedule II, paragraph 8(8)

The qualifying portion of a loan shall be determined by applying the formula—

Schedule II, paragraph 9(2)(1)The standard rate shall be 1.58 per cent. plus the appropriate rate under sub-paragraph (a) or (b) as the case may be.
Schedule II, paragraph 9(6)5.88 per cent.
(1)

Relevant amending instrument is S.I. 2004/2825.