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Statutory Rules of Northern Ireland |
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You are here: BAILII >> Databases >> Statutory Rules of Northern Ireland >> The Income Support (General) (Standard Interest Rate Amendment No. 2) Regulations (Northern Ireland) 2002 No. 58 URL: http://www.bailii.org/nie/legis/num_reg/2002/20020058.html |
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Made | 22nd February 2002 | ||
Coming into operation | 17th March 2002 |
(b) in a case where income support is paid to the claimant in advance, in accordance with paragraph 1(b) of Schedule 2A to the Decisions and Appeals Regulations, from the first day of the first benefit week commencing after 24th March 2002,
and for this purpose, the expressions "claimant" and "benefit week" have the same meanings as in regulation 2(1) of the Income Support Regulations[4] (interpretation).
(3) In these Regulations -
(4) The Interpretation Act (Northern Ireland) 1954[7] shall apply to these Regulations as it applies to an Act of the Assembly.
Amendment of Schedule 3 to the Income Support Regulations
2.
In Schedule 3 to the Income Support Regulations[8] (housing costs), in paragraph 12(1)(a) (standard rate of interest on qualifying loans) for "5.74 per cent." there shall be substituted "5.34 per cent.".
Revocation
3.
The Income Support (General) (Standard Interest Rate Amendment) Regulations (Northern Ireland) 2002[9] are hereby revoked save that those Regulations shall continue to have effect until the day before 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.
Sealed with the Official Seal of the Department for Social Development on
22nd February 2002.
L.S.
John O'Neill
Senior Officer of the Department for Social Development
[2] See Article 8(b) of S.R. 1999 No. 481back
[3] Schedule 2A was inserted by regulation 6(22) of, and Schedule 1 to, S.R. 2000 No. 215back
[4] The definition of "benefit week" was amended by regulation 2(a) of S.R. 1988 No. 318back
[5] S.R. 1999 No.162; relevant amending Regulations are S.R. 2000 No. 215back
[6] S.R. 1987 No. 459; relevant amending Regulations are S.R. 1988 No. 318, S.R. 1995 No. 301 and S.R. 2002 No. 16back
[8] Schedule 3 was substituted by Schedule 1 to S.R. 1995 No. 301; paragraph 12 was amended by regulation 2 of S.R. 2002 No. 16back