The Income Support (General) (Standard Interest Rate Amendment) Regulations (Northern Ireland) 1997
S.R. 1997/171 · Made 20 March 1997 · Extends to Northern Ireland
SOCIAL SECURITY
Made 20th March 1997
Coming into operation 13th April 1997
The Department of Health and Social Services for Northern Ireland, in exercise of the powers conferred on it by sections 122(1)(a), 131(1) and 171(1) and (3) to (5) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992f1 and of all other powers enabling it in that behalf, hereby makes the following Regulations:
Annotations to the whole text
Footnotes
- f1
Contents
- 1Citation, commencement and interpretation
- 2Amendment of Schedule 3 to the Income Support Regulations
- 3Revocation
- Signature
- Explanatory note
1Citation, commencement and interpretationI1
These Regulations may be cited as the Income Support (General) (Standard Interest Rate Amendment) Regulations (Northern Ireland) 1997 and shall come into operation on 13th April 1997.
These Regulations shall have effect in relation to any particular claimant—
in a case where income support is paid to the claimant in arrears in accordance with paragraph 7(1)(a) of Schedule 7 to the Claims and Payments Regulationsf1 (date when change of circumstances is to take effect)—
from the first day of the benefit week which includes 20th April 1997, or
if the claim for income support is for a period beginning after 20th April 1997, from the first day of the first benefit week commencing after 13th April 1997;
in a case where income support is paid to the claimant in advance in accordance with paragraph 7(1)(b) of Schedule 7 to the Claims and Payments Regulations, from the first day of the first benefit week commencing after 20th April 1997,
and for this purpose, the expressions “claimant” and “benefit week” have the same meanings as in regulation 2(1) of the Income Support Regulationsf2 (interpretation).
The Interpretation Act (Northern Ireland) 1954f5 shall apply to these Regulations as it applies to a Measure of the Northern Ireland Assembly.
2Amendment of Schedule 3 to the Income Support RegulationsI1
In Schedule 3 to the Income Support Regulationsf1 (housing costs), in paragraph 12(1)(a) (standard rate of interest on qualifying loans) for “6·89 per cent.” there shall be substituted “7·20 per cent.”.
3RevocationI1
The Income Support (General) (Standard Interest Rate Amendment No. 3) Regulations (Northern Ireland) 1996f1 are hereby revoked save that those Regulations shall continue to have effect until the day before the first day of the benefit week having effect in relation to any particular claimant for the purpose of regulation 1(2) of these Regulations.
Signature
Sealed with the Official Seal of the Department of Health and Social Services for Northern Ireland on
L.S.
John O'Neill
Assistant Secretary
20th March 1997.
Explanatory note
(This note is not part of the Regulations.)
These Regulations amend Schedule 3 to the Income Support (General) Regulations (Northern Ireland) 1987 with respect to the standard rate of interest applicable to a loan which qualifies for income support. The rate is increased from 6·89 per cent. to 7·20 per cent. (regulation 2). The Regulations also revoke, with a saving provision, the Income Support (General) (Standard Interest Rate Amendment No. 3) Regulations (Northern Ireland) 1996 which made a previous amendment to the standard rate of interest (regulation 3).
These Regulations make in relation to Northern Ireland only provision corresponding to provision contained in Regulations made by the Secretary of State for Social Security in relation to Great Britain and accordingly, by virtue of section 149(3) of, and paragraph 10 of Schedule 5 to, the Social Security Administration (Northern Ireland) Act 1992 (c. 8), are not subject to the requirement of section 149(2) of that Act for prior reference to the Social Security Advisory Committee.