# The Income Support (General) Amendment (No. 2) Regulations 1996, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend Schedule 3 to the Income Support (General) Regulations 1987 (S.I. 1987/1967), as substituted and amended, with respect to the standard rate of interest applicable to a loan which qualifies for income support under that Schedule to those Regulations, the new rate being 7.74 per cent. (regulation 2) and also revoke, with a saving provision, regulations which made a previous amendment to that standard rate of interest (regulation 3).
These Regulations do not impose a charge on business.

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Source: https://www.legislation.gov.uk/uksi/1996/909/note (the official version)
Page: https://openlegislation.uk/income-support-general-amendment-no-2-regulations-1996/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.