PART 1 U.K.INTRODUCTION

GeneralU.K.

RoundingU.K.

6.—(1) Where the calculation of an amount for the purposes of these Regulations results in a fraction of a penny, that fraction is to be disregarded if it is less than half a penny and otherwise it is to be treated as a penny.

[F1(1A) Where the calculation of an amount for the purposes of the following [F2provisions] results in a fraction of a pound, that fraction is to be disregarded—

[F3(za)regulation 82(1)(a) (exceptions – earnings);]

(a)regulation 90 (claimants subject to no work-related requirements – the earnings thresholds); and

(b)regulation 99(6) (circumstances in which requirements must not be imposed)]; F4...

F4(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2) This regulation does not apply to the calculation in regulation 111 (daily rate for a reduction under section 26 or 27 of the Act).

Textual Amendments

F1Reg. 6(1A) inserted (with effect in accordance with reg. 1(3) of the amending S.I.) by The Universal Credit and Miscellaneous Amendments Regulations 2015 (S.I. 2015/1754), regs. 1(1), 4

F3Reg. 6(1A)(za) inserted (coming into force in accordance with reg. 1(2) of the amending S.I.) by The Universal Credit (Benefit Cap Earnings Exception) Amendment Regulations 2017 (S.I. 2017/138), regs. 1, 2(2)

Modifications etc. (not altering text)