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Schedule 17 OTHER AMOUNTS SPECIFIED IN THE STATE PENSION CREDIT REGULATIONS

Original text. Later amendments are not shown.

(1)

Provision in State Pension Credit Regulations

(2)

Specified Amount

Regulation 6(3)(a)Nil.
Regulation 6(3)(b)Nil.
Regulation 7(3)Nil.
Schedule II, paragraph 6(3)The relevant fraction shall be obtained in accordance with the formula—
A A + B
Schedule II, paragraph 7(1)The weekly amount of housing costs shall be calculated by applying the formula—
A x B 52
Schedule II, paragraph 8(2)f1£100,000.
Schedule II, paragraph 8(4)(a)The sum shall be determined by applying the formula—
P x Q
Schedule II, paragraph 8(8)f2The qualifying portion of a loan shall be determined by applying the formula—
R x   S T
Schedule II, paragraph 9(2)f3The standard rate is to be 6.08%.
Schedule III, paragraph 2f4Nil.

Annotations

Footnotes

f1

See S.I. 2008/3195 which modifies paragraph 8(2) so that it applies as if the reference to “£100,000” were to “£200,000” in relation to certain persons.

f2

Relevant amending instrument is S.I. 2007/2618.

f3

Relevant amending instruments are S.I. 2004/2825, 2007/3183 and 2008/3195.

f4

Paragraph 2 was substituted by S.I. 2005/3360 and amended by S.I. 2006/588.