The Social Security (Payments on account, Overpayments and Recovery) Amendment Regulations 1988

• Citation: S.I. 1988/688
• Sections: 2

Section 1 Citation and commencement

These Regulations may be cited as the Social Security (Payments on account, Overpayments and Recovery) Amendment Regulations 1988 and shall come into force on 11th April 1988.

Section 2 Amendment of Social Security (Payments on account, Overpayments and Recovery) Regulations 1988

(1) The Social Security (Payments on account, Overpayments and Recovery) Regulations 1988 shall be amended in accordance with the following provisions of this regulation.

(2) In regulation 10 (conversion of payments made in a foreign currency), for the words “any bank which is a recognised bank for the purposes of the Banking Act 1979” there shall be substituted the words “any institution which is authorised under the Banking Act 1987 ”.

(3) In regulation 15(1) (recovery by deduction from prescribed benefits), for the words “it is determined the amount” there shall be substituted the words “the amount is determined”.

(4) In regulation 16(2) (limitations on deductions from prescribed benefits), for the word “specified” there shall be substituted the word “prescribed”.

(5) In regulation 19 (award and protected earnings), for paragraph (3) there shall be substituted the following paragraph—

(3) The protected earnings of the claimant shall be the sum determined by—

(a) taking the sum specified in paragraph (4),

(b) adding the sum specified in paragraph (5), and

(c) subtracting from the result any child benefit which falls to be taken into account in calculating his income for the purposes of Part V of the Income Support Regulations.

(6) In regulation 24(1) (review of determination of protected earnings), for the reference to “regulation 19(1)(a)” there shall be substituted a reference to “regulation 19(1)”.