# The Warm Home Discount (Amendment) Regulations 2014, Regulation 2: Amendments to regulation 14 of the Warm Home Discount Regulations 2011


(1) Regulation 14 (Adjustments for banking and borrowing) of the Warm Home Discount Regulations 2011 is amended as follows.
(2) For paragraph (3)(b), substitute—
“(b) in relation to—
(i) scheme years 2 and 3, 1% of St-1, if the amount determined under sub-paragraph (a) is greater than 1% of St-1; or
(ii) scheme year 4, 34% of St-1, if the amount determined under sub-paragraph (a) is greater than 34% of St-1.”.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111108482/regulation/2 (the official version)
Page: https://openlegislation.uk/draft-warm-home-discount-amendment-regulations-2014/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.