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Paragraph 7 The calculation for loansI1

Northern Ireland

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

C1C2C3C4C5C6C7C8C9C10C11C12C13(1)

The weekly amount of housing costs to be met under this Schedule in respect of a loan which qualifies under paragraph 11 or 12 shall be calculated by applying the formula –

A×B52

where –

  • A = the amount of the loan which qualifies under paragraph 11 or 12;

  • B = the standard rate for the time being F1applicable in respect of that loan.

F2(2)

For the purposes of sub-paragraph (1) subject to sub-paragraphs (3) and (4A), the amount of the qualifying loan –

(a)

except where head (b) applies, shall be determined on the date the housing costs are first met and thereafter on the anniversary of that date;

(b)

where housing costs are being met in respect of a qualifying loan (“the existing loan”) and housing costs are subsequently met in respect of one or more further qualifying loans (“the new loan”), shall be the total amount of those loans determined on the date the housing costs were first met in respect of the new loan and thereafter on the anniversary of the date housing costs were first met in respect of the existing loan.

(3)

Where the claimant or his partner –

(a)

ceases to be in receipt of or treated as being in receipt of state pension credit; but

(b)

within 12 weeks thereof, one of them subsequently becomes entitled again to the credit, and

(c)

sub-paragraph (4) applies,

the amount of the qualifying loan shall be –

(i)

the amount last determined for the purposes of the earlier entitlement, and

(ii)

recalculated on the relevant date specified in F3sub-paragraph (4C).

(4)

This sub-paragraph applies if –

(a)

the earlier entitlement included an amount in respect of a qualifying loan, and

(b)

the circumstances affecting the calculation of the qualifying loan remain unchanged since the last calculation of that loan.

F4(4A)

Where –

(a)

the last day on which either the claimant or his partner were entitled to income support F5, income-based jobseeker’s allowance or income-related employment and support allowance was no more than 12 weeks before –

(i)

except where sub-head (ii) applies, the first day of entitlement to state pension credit, or

(ii)

where the claim for state pension credit was treated as made on a day earlier than the day on which it was actually made (“the actual date”), the day which would have been the first day of entitlement to state pension credit had the claim been treated as made on the actual date, and

(b)

sub-paragraph (4B) applies,

the amount of the qualifying loan shall be the amount last determined for the purposes of the earlier entitlement and recalculated on the relevant date specified in sub-paragraph (4C).

(4B)

This sub-paragraph applies –

(a)

where the earlier entitlement was to income support, if their applicable amount included an amount determined in accordance with Schedule 3 to the Income Support Regulations as applicable to them in respect of a loan which qualifies under paragraph 15 or 16 of that Schedule, F6...

(b)

where the earlier entitlement was to an income-based jobseeker’s allowance, if their applicable amount included an amount determined in accordance with Schedule 2 to the Jobseeker’s Allowance Regulations as applicable to them in respect of a loan which qualifies under paragraph 14 or 15 of that Schedule,

F7or

(c)

where the earlier entitlement was to an income-related employment and support allowance, if their applicable amount included an amount determined in accordance with Schedule 6 to the Employment and Support Allowance Regulations as applicable to them in respect of a loan which qualifies under paragraph 16 to 18 of that Schedule, and

where the circumstances affecting the calculation of the qualifying loan remain unchanged since the last calculation of that loan and in this paragraph, “qualifying loan” shall, where the context requires, be construed accordingly.

(4C)

The recalculation shall take place –

(a)

in a case where sub-paragraph (3) applies, on each subsequent anniversary of the date on which, for the purposes of sub-paragraph (2), housing costs were met;

(b)

in a case where sub-paragraph (4A) applies –

(i)

where housing costs under the earlier entitlement were being met in respect of more than one qualifying loan and the amounts of those loans were recalculated on different dates, on the first of those dates which falls during the award of state pension credit and on each subsequent anniversary of that date;

(ii)

in any other case, on each subsequent anniversary of the date on which housing costs were first met under the earlier entitlement;

(c)

in the case of claims for state pension credit made between 6th October 2003 and 5th October 2004 and to which sub-paragraph (4A) does not apply –

(i)

where there are no housing costs to be met as at the date of claim but housing costs are to be met in respect of a qualifying loan taken out after the date of claim, on each subsequent anniversary of the date on which housing costs in respect of that loan were first met;

(ii)

in any other case, on each subsequent anniversary of the date on which the decision was made to award state pension credit.

(5)

Where in the period since the amount applicable under this Schedule was last determined, there has been a change of circumstances, other than a reduction in the amount of the outstanding loan, which increases or reduces the amount applicable, it shall be recalculated so as to take account of that change.

Annotations

Textual amendments

F1

Words in Sch. 2 para. 7(1) substituted (28.11.2004) by The Social Security (Housing Costs Amendments) Regulations (Northern Ireland) 2004 (S.R. 2004/461), regs. 1(1)(a), 4(b)

F2

Sch. 2 para. 7(2) substituted (6.10.2003) by The State Pension Credit (Consequential, Transitional and Miscellaneous Provisions) Regulations (Northern Ireland) 2003 (S.R. 2003/191), regs. 1(2)(b), 23(7)(b)(i) (with regs. 34-36)

F3

Words in Sch. 2 para. 7(3)(ii) substituted (6.10.2003) by The State Pension Credit (Consequential, Transitional and Miscellaneous Provisions) Regulations (Northern Ireland) 2003 (S.R. 2003/191), regs. 1(2)(b), 23(7)(b)(ii) (with regs. 34-36)

F4

Sch. 2 para. 7(4A)-(4C) inserted (6.10.2003) by The State Pension Credit (Consequential, Transitional and Miscellaneous Provisions) Regulations (Northern Ireland) 2003 (S.R. 2003/191), regs. 1(2)(b), 23(7)(b)(iii) (with regs. 34-36)

F5

Words in Sch. 2 para. 7(4A)(a) substituted (27.10.2008) by The Employment and Support Allowance (Consequential Provisions) Regulations (Northern Ireland) 2008 (S.R. 2008/286), regs. 1(b), 30(8)(c)(i)

F6

Word in Sch. 2 para. 7(4B)(a) omitted (27.10.2008) by virtue of The Employment and Support Allowance (Consequential Provisions) Regulations (Northern Ireland) 2008 (S.R. 2008/286), regs. 1(b), 30(8)(c)(ii)(aa)

F7

Word in Sch. 2 para. 7(4B)(b) substituted (27.10.2008) by The Employment and Support Allowance (Consequential Provisions) Regulations (Northern Ireland) 2008 (S.R. 2008/286), regs. 1(b), 30(8)(c)(ii)(bb)

Modifications

C1

Sch. 2 para. 7(1): sums specified (7.4.2003) by The Social Security Benefits Up-rating Order (Northern Ireland) 2003 (S.R. 2003/155), arts. 1(1)(d), 24(6), Sch. 14

C2

Sch. 2 para. 7(1): sum specified (12.4.2004) by The Social Security Benefits Up-rating Order (Northern Ireland) 2004 (S.R. 2004/82), arts. 1(1)(e), 24(6), Sch. 16

C3

Sch. 2 para. 7(1): sum specified (11.4.2005) by The Social Security Benefits Up-rating Order (Northern Ireland) 2005 (S.R. 2005/82), arts. 1(1)(f), 24(6), Sch. 16

C4

Sch. 2 para. 7(1): sum specified (with effect in accordance with arts. 1(2), 6 of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2006 (S.R. 2006/109), arts. 1(1)(g), 24(6), Sch. 16

C5

Sch. 2 para. 7(1): sum specified (coming into operation in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2007 (S.R. 2007/153), art. 24(6), Sch. 16

C6

Sch. 2 para. 7(1): sum specified (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2008 (revoked) 2008 (S.R. 2008/92), art. 24(6), Sch. 16

C7

Sch. 2 para. 7(1): sums specified (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2009 (revoked) 2009 (S.R. 2009/89), art. 24(6), Sch. 13

C8

Sch. 2 para. 7(1): sum specified (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2010 (revoked) 2010 (S.R. 2010/118), art. 24(6), Sch. 13

C9

Sch. 2 para. 7(1): sum specified (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2011 (revoked) 2011 (S.R. 2011/119), arts. 1(1)(l), 25(6), Sch. 13

C10

Sch. 2 para. 7(1): sum specified (coming into force in accordance with art. 1(1)(l) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2012 (S.R. 2012/116), arts. 1(1)(l), 25(6), Sch. 13

C11

Sch. 2 para. 7(1): sum specified (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2013 (revoked) 2013 (S.R. 2013/69), arts. 1(1)(k), 24(6), Sch. 13

C12

Sch. 2 para. 7(1): sum specified (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2014 (revoked) 2014 (S.R. 2014/78), arts. 1(1)(k), 24(6), Sch. 13

C13

Sch. 2 para. 7(1): sum specified (coming into force in accordance with art. 1(1)(k) of the amending Rule) by The Social Security Benefits Up-rating Order (Northern Ireland) 2015 (revoked) 2015 (S.R. 2015/124), arts. 1(1)(k), 24(6), Sch. 13

Commencement

I1

Sch. 2 para. 7 in operation at 6.10.2003, see reg. 1(1)