SCHEDULE 4APPLICABLE AMOUNTS SPECIFIED IN THE INCOME SUPPORT REGULATIONS
Schedule 3 was substituted by S.I. 1995/1613.
Relevant amending instrument is S.I. 1995/2927.
Paragraph 10 was substituted by S.I. 2001/3651 and amended by S.I. 2004/2825.
SeeS.I. 2008/3195 which modifies paragraph 11(5) so that it applies as if the reference to “£100,000” were to “£200,000” in relation to certain persons.
Paragraph 11(11) was inserted by S.I. 1995/2927.
Relevant amending instruments are S.I. 2004/2825, 2007/3183, 2008/3195 and 2010/1811.
Paragraph 2A was substituted by S.I. 2005/3360.
Relevant amending instrument is S.I. 2000/636.
(1) | (2) |
|---|---|
Provision in Income Support Regulations | Specified Sum |
Regulation 22A(1) M1 | Applicable amount to be reduced by a sum equivalent to 20 per cent. of the specified amount. |
Schedule 3 M2, paragraph 5(3) | The relevant fraction shall be obtained in accordance with the formula— |
Schedule 3, paragraph 6(1)(b) M3 | Half the amount which would fall to be met by applying the provisions of sub-paragraph (a). |
Schedule 3, paragraph 6(1)(c) | Nil. |
Schedule 3, paragraph 7(8) | 100 per cent. of eligible interest. |
Schedule 3, paragraph 8(1)(b) | Nil. |
Schedule 3, paragraph 10 M4 | The weekly amount of housing costs is the amount calculated by applying the formula— |
Schedule 3, paragraph 11(5) M5 | £100,000. |
Schedule 3, paragraph 11(7)(a) | A sum determined by applying the formula P x Q. |
Schedule 3, paragraph 11(11) M6 | The qualifying portion of a loan shall be determined by applying the formula— |
Schedule 3, paragraph 12(2) M7 | The standard rate is to be the average mortgage rate published by the Bank of England in August 2010. It is to be varied each time that sub-paragraph (2B) applies such that the average mortgage rate published on the reference day then becomes the new standard rate in accordance with sub-paragraph (2D). |
Schedule 7, paragraph 2A M8 | Nil. |
Schedule 7, paragraph 7 | Nil. |
Schedule 7, paragraph 8(a) | Nil. |
Schedule 7, paragraph 17 M9 | Nil. |
Regulation 22A was inserted by S.I. 1996/206 and paragraph (1) was amended by S.I. 1999/2422 and 3109 and 2001/3767.