The Income Support (General) (Standard Interest Rate Amendment) (No.3) Regulations 2004

• Citation: S.I. 2004/2174
• Sections: 3

Section 1 Citation, commencement and interpretation

(1) These Regulations may be cited as the Income Support (General) (Standard Interest Rate Amendment) (No.3) Regulations 2004 and shall come into force on 19 th September 2004.

(2) In these Regulations—

(a) “the Decisions and Appeals Regulations ” means the Social Security and Child Support (Decisions and Appeals) Regulations 1999 ;

(b) “the Income Support Regulations ” means the Income Support (General) Regulations 1987 ; and

(c) the expressions “claimant” and “benefit week” have the same meanings as in regulation 2(1) of the Income Support Regulations (interpretation).

(3) These Regulations shall have effect in relation to any particular claimant—

(a) in a case where income support is paid to the claimant in arrears, in accordance with paragraph 1(a) of Schedule 3A of the Decisions and Appeals Regulations (date on which change of circumstances takes effect in certain cases where a claimant is in receipt of income support)—

(i) from the first day of the benefit week which includes 26 th September 2004; or

(ii) if the claim for income support is for a period commencing after 26 th September 2004, from the first day of the first benefit week commencing after 19 th September 2004;

(b) in a case where income support is paid to the claimant in advance, in accordance with paragraph 1(b) of Schedule 3A to the Decisions and Appeals Regulations, from the first day of the first benefit week commencing after 26 th September 2004.

Section 2 Amendment of Schedule 3 to the Income Support Regulations

In paragraph 12(1)(a) of Schedule 3 to the Income Support Regulations (standard rate of interest on qualifying loans), for the words “5.59 per cent.” there shall be substituted the words “5.88 per cent.”.

Section 3 Revocation and saving of the Income Support (General) (Standard Interest Rate Amendment) (No.2) Regulations 2004

The Income Support (General) (Standard Interest Rate Amendment) (No.2) Regulations 2004 are hereby revoked save that those Regulations shall continue to have effect in relation to any particular claimant until these Regulations have effect in relation to that claimant.