PART 1Amendments relating to the standard rate of interest

Amendments relating to the standard rate of interest

2.—(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)(1) of Schedule 3 to the Income Support Regulations;

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

(d)paragraph 9 (the standard rate)(3) 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).

(1)

Paragraph 12 was substituted by S.I. 2004/2825 and amended by S.I. 2007/3183.

(2)

Paragraph 11 was substituted by S.I. 2004/2825 and amended by S.I. 2007/3183.

(3)

Paragraph 9 was substituted by S.I. 2004/2825 and amended by S.I. 2007/3183.