# The Loans for Mortgage Interest Regulations (Northern Ireland) 2017, Paragraph 5


The UC Regulations are amended as follows—
(a) in regulation 26 omit paragraph (2)(b);
(b) in regulation 27 omit paragraph (3)(b)(i);
(c) in regulation 27 in paragraph (3)(b)(ii) omit “only”;
(d) in regulation 66 —
(i) in paragraph (1)(h)(i) omit “or”, and
(ii) omit paragraph (1)(h)(ii);
(e) in Schedule 1—
(i) in paragraph 3(f), for “within the meaning of paragraph 5” substitute “ within the meaning of Schedule 1 to the Loans for Mortgage Interest Regulations (Northern Ireland) 2017 ”,
(ii) omit paragraphs 5 to 7,
(iii) in paragraph 8(3)(a) for “a loan that falls within paragraph 6” substitute “ a qualifying loan within the meaning of regulation 2 of the Loans for Mortgage Interest Regulations (Northern Ireland) 2017 ”;
(f) in Schedule 5—
(i) in paragraph 2 omit the definitions of “alternative finance arrangements”, “alternative finance payments”, “loan interest payments” and “standard rate”,
(ii) for paragraph 3(1) substitute—
“(1) “Relevant payments” means one or more payments which are service charge payments.”,
(iii) omit paragraph 3(2),
(iv) in paragraph 3(3) for “that Schedule” substitute “ Schedule 1 ”,
(v) in paragraph 9 for “the aggregate of the amounts resulting from paragraphs 10, 11 and 13” substitute “ the amount resulting from paragraph 13 ”, and
(vi) omit paragraphs 10 to 12.

---
Source: https://www.legislation.gov.uk/nisr/2017/176/schedule/5/paragraph/5 (the official version)
Page: https://openlegislation.uk/loans-for-mortgage-interest-regulations-northern-ireland-2017/schedule-5/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.