[Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback]
	United Kingdom Statutory Instruments
You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Income Support (General) (Standard Interest Rate Amendment) (No. 3) Regulations 2001 URL: http://www.bailii.org/uk/legis/num_reg/2001/20013721.html

[New search] [Help]

(a) in a case where income support is paid to the claimant in arrears in accordance with paragraph 1(a) of Schedule 3A to the Decisions and Appeals Regulations[3] (date on which change of circumstances takes effect in certain cases where a claimant is in receipt of income support) - 


(i) from the first day of the benefit week which includes 23rd December 2001; or

(ii) if the claim for income support is for a period commencing after 23rd December 2001, from the first day of the first benefit week commencing after 16th December 2001;



(b) in a case where income support is paid to the claimant in advance in accordance with paragraph 1(b) of Schedule 3A to the Decisions and Appeals Regulations, from the first day of the first benefit week commencing after 23rd December 2001,

and for this purpose, the expressions "claimant" and "benefit week" have the same meaning as in regulation 2(1) of the Income Support Regulations[4](interpretation).

    (3) In these Regulations, "the Decisions and Appeals Regulations" means the Social Security and Child Support (Decisions and Appeals) Regulations 1999[5] and "the Income Support Regulations" means the Income Support (General) Regulations 1987[6].

Amendment of Schedule 3 to the Income Support Regulations
     2. In paragraph 12(1)(a) of Schedule 3 to the Income Support Regulations[7] (standard rate of interest on qualifying loans), for the words ``6.65 per cent.'' there shall be substituted the words ``6.19 per cent.''.

Revocation of the Income Support (General) (Standard Interest Rate Amendment) (No. 2) Regulations 2001
     3. The Income Support (General) (Standard Interest Rate Amendment) (No. 2) Regulations 2001[8] are hereby revoked save that those Regulations shall continue to have effect until the first day of the benefit week having effect in relation to any particular claimant for the purpose of regulation 1(2) of these Regulations.



Signed by authority of the Secretary of State for Work and Pensions


Malcolm Wicks
Parliamentary Under Secretary of State Department for Work and Pensions

19th November 2001

[2] See section 173(1)(b) of the Social Security Administration Act 1992 (c. 5).back

[3] Schedule 3A was inserted by S.I. 2000/1596.back

[4] The definition of ``benefit week'' was amended by S.I. 1988/1445.back

[5] S.I. 1999/991.back

[6] S.I. 1987/1967.back

[7] Schedule 3 is substituted by S.I. 1995/1613; the relevant amending instrument is S.I. 2001/2676.back

[8] S.I. 2001/2676.30100back

 © Crown copyright 2001