Statutory Rule 1996 No. 545

      The Income Support (General) (Standard Interest Rate Amendment No. 3) Regulations (Northern Ireland) 1996

      © Crown Copyright 1996

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STATUTORY RULES OF NORTHERN IRELAND

1996 No. 545

SOCIAL SECURITY

The Income Support (General) (Standard Interest Rate Amendment No. 3) Regulations (Northern Ireland) 1996

Made 26th November 1996
Coming into operation 15th December 1996


    The Department of Health and Social Services for Northern Ireland, in exercise of the powers conferred on it by sections 122(1)(a), 131(1) and 171(1) and (3) to (5) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992[1] and of all other powers enabling it in that behalf, hereby makes the following Regulations:
    Citation, commencement and interpretation
        1.—(1)  These Regulations may be cited as the Income Support (General) (Standard Interest Rate Amendment No. 3) Regulations (Northern Ireland) 1996 and shall come into operation on 15th December 1996.

        (2)  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 7(1)(a) of Schedule 7 to the Claims and Payments Regulations[2] (date when change of circumstances is to take effect)—

        (i)  from the first day of the benefit week which includes 22nd December 1996, or

        (ii)  if the claim for income support is for a period beginning after 22nd December 1996, from the first day of the first benefit week commencing after 15th December 1996;

      (b)  in a case where income support is paid to the claimant in advance, in accordance with paragraph 7(1)(b) of Schedule 7 to the Claims and Payments Regulations, from the first day of the first benefit week commencing after 22nd December 1996,
    and for this purpose, the expressions "claimant" and "benefit week" have the same meanings as in regulation 2(1) of the Income Support Regulations[3] (interpretation).

        (3)  In these Regulations—
      "the Claims and Payments Regulations" means the Social Security (Claims and Payments) Regulations (Northern Ireland) 1987[4];

      "the Income Support Regulations" means the Income Support (General) Regulations (Northern Ireland) 1987[5].

        (4)  The Interpretation Act (Northern Ireland) 1954[6] shall apply to these Regulations as it applies to a Measure of the Northern Ireland Assembly.
    Amendment of Schedule 3 to the Income Support Regulations
        2.    In Schedule 3 to the Income Support Regulations[7] (housing costs), in paragraph 12(1)(a) (standard rate of interest on qualifying loans) for "7·16 per cent." there shall be substituted "6·89 per cent.".
    Revocation
        3.    The Income Support (General) (Standard Interest Rate Amendment No. 2) Regulations (Northern Ireland) 1996[8] are hereby revoked save that those Regulations shall continue to have effect until the day before the first day of the benefit week having effect in relation to any particular claimant for the purpose of regulation 1(2) of these Regulations.


Sealed with the Official Seal of the Department of Health and Social Services for Northern Ireland on
26th November 1996.

L.S.
John O'Neill

Assistant Secretary






EXPLANATORY NOTE

(This note is not part of the Regulations.)

    These Regulations amend Schedule 3 to the Income Support (General) Regulations (Northern Ireland) 1987 with respect to the standard rate of interest applicable to a loan which qualifies for income support. The rate is reduced from 7·16 per cent. to 6·89 per cent. (regulation 2). The Regulations also revoke, with a saving provision, the Income Support (General) (Standard Interest Rate Amendment No. 2) Regulations (Northern Ireland) 1996 which made a previous amendment to the standard rate of interest (regulation 3).
    These Regulations make in relation to Northern Ireland only provision corresponding to provision contained in Regulations made by the Secretary of State for Social Security in relation to Great Britain and accordingly, by virtue of section 149(3) of, and paragraph 10 of Schedule 5 to, the Social Security Administration (Northern Ireland) Act 1992 (c. 8), are not subject to the requirement of section 149(2) of that Act for prior reference to the Social Security Advisory Committee.


ISBN 0 337 92505 4



Notes:

[1] 1992 c. 7 back

[2] Paragraph 7 was substituted by regulation 7(9) of S.R. 1990 No. 398 back

[3] The definition of "benefit week" was amended by regulation 2(a) of S.R. 1988 No. 318 back

[4] S.R. 1987 No. 465; relevant amending Regulations are S.R. 1990 No. 398 back

[5] S.R. 1987 No. 459; relevant amending Regulations are S.R. 1988 No. 318, S.R. 1995 Nos. 301 and 434 and S.R. 1996 No. 318 back

[6] 1954 c. 33 (N.I.) back

[7] Schedule 3 was substituted by Schedule 1 to S.R. 1995 No. 301; paragraph 12 was amended by regulation 2 of S.R. 1995 No. 434 and regulation 2 of S.R. 1996 No. 318 back

[8] S.R. 1996 No. 318 back

 
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