Paragraph 60 I1
Northern Ireland
Subject to sub-paragraph (2), in respect of a person who is receiving, or who has received, assistance under the self-employment route, any payment to that person—
to meet expenses wholly and necessarily incurred whilst carrying on the commercial activity;
which is used or intended to be used to maintain repayments on a loan taken out by that person for the purpose of establishing or carrying on the commercial activity,
in respect of which such assistance is or was received.
Sub-paragraph (1) shall apply only in respect of payments which are paid to that person from the special account F1....
Annotations
Textual amendments
- F1
Words in Sch. 6 para. 60(2) omitted (1.4.2010 for specified purposes, 5.4.2010 in so far as not already in operation) by virtue of The Social Security (Miscellaneous Amendments No. 2) Regulations (Northern Ireland) 2010 (S.R. 2010/69), regs. 1(3)(a), 8(9)(b)
Commencement
- I1
Sch. 6 para. 60 in operation at 20.11.2006, see reg. 1(1)
Notes on Schedule 6
Modifications
- C1
Sch. 6 applied (with modifications) (1.4.2007) by The Rate Relief (General) Regulations (Northern Ireland) 2007 (S.R. 2007/204), regs. 1(1), 19(3)