OpenLegislation

Regulation 6 Conditions to be satisfied before payment of a budgeting loan

Original text. Later amendments are not shown.

(1)

Before an award of a budgeting loan is paid the applicant must provide satisfactory evidence of the applicant’s identity.

(2)

Before an award of a budgeting loan is paid the applicant must inform the Secretary of State that the applicant agrees to the terms and conditions notified to the applicant in accordance with section 139(4) of the Act.

(3)

The applicant must inform the Secretary of State of the applicant’s agreement under paragraph (2) within 14 days beginning with the date on which the Secretary of State notified the applicant of the terms and conditions in accordance with section 139(4) of the Act.

(4)

The Secretary of State may extend the time specified in paragraph (3) where the Secretary of State is satisfied that special reasons apply, even if it has already expired.