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Explanatory note

Original text. Later amendments are not shown.

(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 by the Social Security (Income Support and Claims and Payments) Amendment Regulations 1995 (S.I.1995/1613), with respect to the standard rate of interest applicable to a loan which qualifies for income support under Schedule 3 to those Regulations, the new rate being 8 per cent.

These Regulations do not impose a charge upon businesses.