PART 1Amendments relating to the standard rate of interest

Amendments relating to the standard rate of interest2

1

This regulation applies to the following provisions—

a

paragraph 13 (the standard rate) of Schedule 6 to the Employment and Support Allowance Regulations;

b

paragraph 12 (the standard rate)11 of Schedule 3 to the Income Support Regulations;

c

paragraph 11 (the standard rate)12 of Schedule 2 to the Jobseeker’s Allowance Regulations;

d

paragraph 9 (the standard rate)13 of Schedule 2 to the State Pension Credit Regulations.

2

In each of the provisions to which this regulation applies—

a

for sub-paragraph (2) substitute—

2

The standard rate is to be 6.08%.

b

omit sub-paragraph (3).