{
  "url": "https://openlegislation.uk/housing-renewal-grants-regulations-1996/schedule-3/paragraph-15",
  "json_url": "https://openlegislation.uk/housing-renewal-grants-regulations-1996/schedule-3/paragraph-15.json",
  "legislation": "uksi/1996/2890",
  "legislation_title": "The Housing Renewal Grants Regulations 1996",
  "legislation_url": "https://openlegislation.uk/housing-renewal-grants-regulations-1996",
  "path": "schedule/3/paragraph/15",
  "kind": "paragraph",
  "number": "15",
  "heading": null,
  "text": "Where a relevant person receives income under an annuity purchased with a loan which satisfies the following conditions—\n(a) that the loan was made as part of a scheme under which not less than 90 per cent. of the proceeds of the loan were applied to the purchase by the person to whom it was made of an annuity ending with his life or with the life of the survivor of two or more persons (in this paragraph referred to as “the annuitants”) who include the person to whom the loan was made;\n(b) that the interest on the loan is payable by the person to whom it was made or by one of the annuitants;\n(c) that at the time the loan was made the person to whom it was made or each of the annuitants had attained the age of 65;\n(d) that the loan was secured on a dwelling in Great Britain and the person to whom the loan was made or one of the annuitants owns an estate or interest in that dwelling; and\n(e) that the person to whom the loan was made or one of the annuitants occupies the dwelling on which it was secured as his home at the time the interest is paid,\nthe amount, calculated on a weekly basis, equal to—\n(i) where, or insofar as, section 369 of the Income and Corporation Taxes Act 1988 (mortgage interest payable under deduction of tax) applies to the payments of interest on the loan, the interest which is payable after deduction of a sum equal to income tax on such payments at the applicable percentage of income tax within the meaning of section 369(1A) of that Act;\n(ii) in any other case, the interest which is payable on the loan without deduction of such a sum.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1988 c. 1; section 369(1A) was inserted by section 81(3) of the Finance Act 1994 (c. 9)."
    }
  ],
  "outstanding_effects": [
    {
      "type": "words inserted",
      "affecting": "uksi/2013/388",
      "affecting_title": "The Personal Independence Payment (Supplementary Provisions and Consequential Amendments) Regulations 2013"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2013/235",
      "affecting_title": "The National Treatment Agency (Abolition) and the Health and Social Care Act 2012 (Consequential, Transitional and Saving Provisions) Order 2013"
    },
    {
      "type": "omitted",
      "affecting": "uksi/2013/235",
      "affecting_title": "The National Treatment Agency (Abolition) and the Health and Social Care Act 2012 (Consequential, Transitional and Saving Provisions) Order 2013"
    },
    {
      "type": "am (W)",
      "affecting": "wsi/2001/2073",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2001"
    },
    {
      "type": "added (W)",
      "affecting": "wsi/2001/2073",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2001"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2001/739",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2001"
    },
    {
      "type": "added",
      "affecting": "uksi/2001/739",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2001"
    },
    {
      "type": "added (E)",
      "affecting": "uksi/2003/2504",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2003"
    },
    {
      "type": "substituted",
      "affecting": "uksi/2000/531",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2000"
    },
    {
      "type": "amended",
      "affecting": "uksi/2000/531",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2000"
    },
    {
      "type": "amended",
      "affecting": "uksi/2000/531",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2000"
    },
    {
      "type": "amended",
      "affecting": "uksi/1999/1523",
      "affecting_title": "The Housing Renewal Grants (Amendment) Regulations 1999"
    },
    {
      "type": "substituted",
      "affecting": "uksi/1999/1523",
      "affecting_title": "The Housing Renewal Grants (Amendment) Regulations 1999"
    },
    {
      "type": "substituted",
      "affecting": "uksi/1999/1523",
      "affecting_title": "The Housing Renewal Grants (Amendment) Regulations 1999"
    },
    {
      "type": "substituted",
      "affecting": "uksi/1999/1523",
      "affecting_title": "The Housing Renewal Grants (Amendment) Regulations 1999"
    },
    {
      "type": "amended",
      "affecting": "uksi/1998/808",
      "affecting_title": "The Housing Renewal Grants (Amendment) Regulations 1998"
    },
    {
      "type": "amended",
      "affecting": "uksi/1998/808",
      "affecting_title": "The Housing Renewal Grants (Amendment) Regulations 1998"
    },
    {
      "type": "added",
      "affecting": "uksi/1998/808",
      "affecting_title": "The Housing Renewal Grants (Amendment) Regulations 1998"
    },
    {
      "type": "added",
      "affecting": "uksi/1998/808",
      "affecting_title": "The Housing Renewal Grants (Amendment) Regulations 1998"
    },
    {
      "type": "word omitted",
      "affecting": "uksi/2015/643",
      "affecting_title": "The Care Act 2014 (Consequential Amendments) (Secondary Legislation) Order 2015"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2015/643",
      "affecting_title": "The Care Act 2014 (Consequential Amendments) (Secondary Legislation) Order 2015"
    },
    {
      "type": "amended",
      "affecting": "uksi/1997/977",
      "affecting_title": "The Housing Renewal Grants (Amendment) Regulations 1997"
    },
    {
      "type": "amended",
      "affecting": "uksi/1999/2568",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 1999"
    },
    {
      "type": "amended",
      "affecting": "uksi/1999/2568",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 1999"
    },
    {
      "type": "words inserted",
      "affecting": "uksi/2011/1740",
      "affecting_title": "The Adoption and Children (Scotland) Act 2007 (Consequential Modifications) Order 2011"
    },
    {
      "type": "modified",
      "affecting": "uksi/2010/1222",
      "affecting_title": "The Jobseeker’s Allowance (Work for Your Benefit Pilot Scheme) Regulations 2010"
    },
    {
      "type": "words inserted",
      "affecting": "uksi/2009/480",
      "affecting_title": "The Social Security (Flexible New Deal) Regulations 2009"
    },
    {
      "type": "amended",
      "affecting": "wsi/1999/3468",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 1999"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2014/513",
      "affecting_title": "The Social Care (Self-directed Support) (Scotland) Act 2013 (Consequential Modifications and Savings) Order 2014"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2014/852",
      "affecting_title": "The Child Arrangements Order (Consequential Amendments to Subordinate Legislation) Order 2014"
    },
    {
      "type": "revoked",
      "affecting": "uksi/1996/3119",
      "affecting_title": "The Housing Renewal Grants and Home Repair Assistance (Amendment) Regulations 1996"
    },
    {
      "type": "words inserted",
      "affecting": "uksi/2015/643",
      "affecting_title": "The Care Act 2014 (Consequential Amendments) (Secondary Legislation) Order 2015"
    },
    {
      "type": "words omitted",
      "affecting": "wsi/2016/211",
      "affecting_title": "The Social Services and Well-being (Wales) Act 2014 (Consequential Amendments) (Secondary Legislation) Regulations 2016"
    },
    {
      "type": "words inserted",
      "affecting": "wsi/2016/211",
      "affecting_title": "The Social Services and Well-being (Wales) Act 2014 (Consequential Amendments) (Secondary Legislation) Regulations 2016"
    },
    {
      "type": "omitted",
      "affecting": "wsi/2016/211",
      "affecting_title": "The Social Services and Well-being (Wales) Act 2014 (Consequential Amendments) (Secondary Legislation) Regulations 2016"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2011/688",
      "affecting_title": "The Jobseeker's Allowance (Mandatory Work Activity Scheme) Regulations 2011"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2011/917",
      "affecting_title": "The Jobseeker's Allowance (Employment, Skills and Enterprise Scheme) Regulations 2011"
    },
    {
      "type": "words inserted",
      "affecting": "uksi/2003/762",
      "affecting_title": "The Community Care, Services for Carers and Children’s Services (Direct Payments) (England) Regulations 2003"
    },
    {
      "type": "subst (E)",
      "affecting": "uksi/2003/2504",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2003"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2003/2504",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2003"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2003/2504",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2003"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2003/2504",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2003"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2003/2504",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2003"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2003/2504",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2003"
    },
    {
      "type": "subst (E)",
      "affecting": "uksi/2003/2504",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2003"
    },
    {
      "type": "rev (E)",
      "affecting": "uksi/2003/2504",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2003"
    },
    {
      "type": "rev in pt (E)",
      "affecting": "uksi/2005/3323",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2005"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2005/3323",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2005"
    },
    {
      "type": "rev in pt (E)",
      "affecting": "uksi/2005/3323",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2005"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2005/3323",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2005"
    },
    {
      "type": "added (E)",
      "affecting": "uksi/2005/3323",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2005"
    },
    {
      "type": "substituted",
      "affecting": "uksi/2006/217",
      "affecting_title": "The Housing Benefit and Council Tax Benefit (Consequential Provisions) Regulations 2006"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2006/217",
      "affecting_title": "The Housing Benefit and Council Tax Benefit (Consequential Provisions) Regulations 2006"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2006/217",
      "affecting_title": "The Housing Benefit and Council Tax Benefit (Consequential Provisions) Regulations 2006"
    },
    {
      "type": "substituted",
      "affecting": "uksi/2006/217",
      "affecting_title": "The Housing Benefit and Council Tax Benefit (Consequential Provisions) Regulations 2006"
    },
    {
      "type": "word substituted",
      "affecting": "uksi/2007/2128",
      "affecting_title": "The Secretary of State for Justice Order 2007"
    },
    {
      "type": "substituted",
      "affecting": "uksi/2007/2870",
      "affecting_title": "The Housing Benefit (Local Housing Allowance, Miscellaneous and Consequential) Amendment Regulations 2007"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2007/2870",
      "affecting_title": "The Housing Benefit (Local Housing Allowance, Miscellaneous and Consequential) Amendment Regulations 2007"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2008/3104",
      "affecting_title": "The Housing Renewal Grants (Amendment) (No. 2) (England) Regulations 2008"
    },
    {
      "type": "words revoked",
      "affecting": "uksi/2013/458",
      "affecting_title": "The Council Tax Benefit Abolition (Consequential Provision) Regulations 2013"
    },
    {
      "type": "words revoked",
      "affecting": "uksi/2013/458",
      "affecting_title": "The Council Tax Benefit Abolition (Consequential Provision) Regulations 2013"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2013/276",
      "affecting_title": "The Jobseeker’s Allowance (Schemes for Assisting Persons to Obtain Employment) Regulations 2013"
    },
    {
      "type": "words inserted",
      "affecting": "uksi/2013/591",
      "affecting_title": "The Armed Forces and Reserve Forces Compensation Scheme (Consequential Provisions: Subordinate Legislation) Order 2013"
    },
    {
      "type": "inserted (temp. until 30.4.2015)",
      "affecting": "uksi/2014/1913",
      "affecting_title": "The Jobseeker's Allowance (Supervised Jobsearch Pilot Scheme) Regulations 2014"
    },
    {
      "type": "words inserted",
      "affecting": "uksi/2018/378",
      "affecting_title": "The Secretaries of State for Health and Social Care and for Housing, Communities and Local Government and Transfer of Functions (Commonhold Land) Order 2018"
    },
    {
      "type": "words inserted",
      "affecting": "wsi/2004/1748",
      "affecting_title": "The Community Care, Services for Carers and Children’s Services (Direct Payments) (Wales) Regulations 2004"
    },
    {
      "type": "substituted",
      "affecting": "wsi/2004/253",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2004"
    },
    {
      "type": "added",
      "affecting": "wsi/2004/253",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2004"
    },
    {
      "type": "words substituted",
      "affecting": "wsi/2004/253",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2004"
    },
    {
      "type": "words substituted",
      "affecting": "wsi/2004/253",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2004"
    },
    {
      "type": "words inserted",
      "affecting": "wsi/2004/253",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2004"
    },
    {
      "type": "words inserted",
      "affecting": "wsi/2004/253",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2004"
    },
    {
      "type": "words inserted",
      "affecting": "wsi/2004/253",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2004"
    },
    {
      "type": "words inserted",
      "affecting": "wsi/2004/253",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2004"
    },
    {
      "type": "substituted",
      "affecting": "wsi/2004/253",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2004"
    },
    {
      "type": "omitted",
      "affecting": "wsi/2004/253",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2004"
    },
    {
      "type": "added",
      "affecting": "wsi/2004/253",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2004"
    },
    {
      "type": "am",
      "affecting": "wsi/2006/2801",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2006"
    },
    {
      "type": "am",
      "affecting": "wsi/2009/1087",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2009"
    },
    {
      "type": "words inserted",
      "affecting": "wsi/2013/3138",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) (No. 2) Regulations 2013"
    },
    {
      "type": "words omitted",
      "affecting": "wsi/2013/552",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2013"
    },
    {
      "type": "word omitted",
      "affecting": "wsi/2013/552",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2013"
    },
    {
      "type": "words inserted",
      "affecting": "wsi/2013/552",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2013"
    },
    {
      "type": "words inserted",
      "affecting": "wsi/2013/552",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2013"
    },
    {
      "type": "omitted",
      "affecting": "wsi/2013/552",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2013"
    },
    {
      "type": "word substituted for full stop by virtue of",
      "affecting": "wsi/2016/211",
      "affecting_title": "The Social Services and Well-being (Wales) Act 2014 (Consequential Amendments) (Secondary Legislation) Regulations 2016"
    },
    {
      "type": "inserted",
      "affecting": "wsi/2016/211",
      "affecting_title": "The Social Services and Well-being (Wales) Act 2014 (Consequential Amendments) (Secondary Legislation) Regulations 2016"
    },
    {
      "type": "words inserted",
      "affecting": "wsi/2016/211",
      "affecting_title": "The Social Services and Well-being (Wales) Act 2014 (Consequential Amendments) (Secondary Legislation) Regulations 2016"
    },
    {
      "type": "words inserted",
      "affecting": "wsi/2016/211",
      "affecting_title": "The Social Services and Well-being (Wales) Act 2014 (Consequential Amendments) (Secondary Legislation) Regulations 2016"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2002/530",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2002"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2002/530",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2002"
    },
    {
      "type": "added (E)",
      "affecting": "uksi/2002/530",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2002"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2002/530",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2002"
    },
    {
      "type": "am (E)",
      "affecting": "uksi/2002/530",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2002"
    },
    {
      "type": "subst (E)",
      "affecting": "uksi/2002/530",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2002"
    },
    {
      "type": "added (E)",
      "affecting": "uksi/2002/530",
      "affecting_title": "The Housing Renewal Grants (Amendment) (England) Regulations 2002"
    },
    {
      "type": "am (W)",
      "affecting": "wsi/2002/2798",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2002"
    },
    {
      "type": "am (W)",
      "affecting": "wsi/2002/2798",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2002"
    },
    {
      "type": "added (W)",
      "affecting": "wsi/2002/2798",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2002"
    },
    {
      "type": "am (W)",
      "affecting": "wsi/2002/2798",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2002"
    },
    {
      "type": "am (W)",
      "affecting": "wsi/2002/2798",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2002"
    },
    {
      "type": "subst (W)",
      "affecting": "wsi/2002/2798",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2002"
    },
    {
      "type": "added (W)",
      "affecting": "wsi/2002/2798",
      "affecting_title": "The Housing Renewal Grants (Amendment) (Wales) Regulations 2002"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/2890/schedule/3/paragraph/15",
    "retrieved_at": "2026-10-29T12:32:09.045665+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}