Paragraph 54 I1
Northern Ireland
(1)
Subject to sub-paragraph (2), in the case of a person who is receiving, or who has received, assistance under the self-employment route, any payment to the person—
(a)
to meet expenses wholly and necessarily incurred whilst carrying on the commercial activity;
(b)
which is used or intended to be used to maintain repayments on a loan taken out by that person for the purposes of establishing or carrying on the commercial activity,
in respect of which such assistance is or was received.
(2)
Sub-paragraph (1) is to apply only in respect of payments which are paid to that person from the special account as defined for the purposes of Chapter 5 of Part 10.
Annotations
Commencement
- I1
Sch. 8 para. 54 in operation at 27.10.2008, see reg. 1(1)