Regulation 2 Amendment of the Income Support (General) RegulationsI1

Northern Ireland

In Schedule 9 to the Income Support (General) Regulations (Northern Ireland) 1987^f1 (sums to be disregarded in the calculation of income other than earnings)—

(a)

in paragraph 30(1) after “paragraph 29” there shall be inserted “or 30ZA”;

(b)

after paragraph 30 there shall be inserted the following paragraph—

“30ZA
(1)
Subject to sub-paragraph (2), any payment received under an insurance policy, other than an insurance policy referred to in paragraph 29, taken out to insure against the risk of being unable to maintain repayments under a regulated agreement as defined for the purposes of the Consumer Credit Act 1974^f2 or under a hire-purchase agreement or a conditional sale agreement as defined for the purposes of Part VI of the Hire-Purchase Act (Northern Ireland) 1966^f3.
(2)
A payment referred to in sub-paragraph (1) shall only be disregarded to the extent that the payment received under that policy does not exceed the amounts, calculated on a weekly basis, which are used to—
(a)
maintain the repayments referred to in sub-paragraph (1), and
(b)
meet any amount due by way of premiums on that policy.”.

Annotations

Commencement

I1: Reg. 2 in operation at 1.6.1998 with effect in accordance with, see reg. 1(2)

Footnotes

f1: Paragraph 30 was substituted by regulation 4 of, and paragraph 1 of Schedule 3 to, S.R. 1995 No. 301 and paragraph 30(1)(d)(i) was substituted by regulation 2(4) of S.R. 1995 No. 434
f2: 1974 c. 39
f3: 1966 c. 42 (N.I.); Part VI was substituted by paragraph 49 of Schedule 4 to the Consumer Credit Act 1974