BAILII is celebrating 24 years of free online access to the law! Would you
consider making a contribution?
No donation is too small. If every visitor before 31 December gives just £1, it
will have a significant impact on BAILII's ability to continue providing free
access to the law.
Thank you very much for your support!
[New search]
[Help]
STATUTORY INSTRUMENTS
2006 No. 551
SOCIAL SECURITY
The Social Security (Claims and Payments) Amendment Regulations 2006
| |
Made |
2nd March 2006 | |
| |
Laid before Parliament |
8th March 2006 | |
| |
Coming into force |
1st April 2006 | |
The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred upon him by sections 15A(2)(b), 189(1) and (4) and 191 of the Social Security Administration Act 1992[1].
In accordance with section 173(1)(b) of that Act, he has obtained the agreement of the Social Security Advisory Committee that proposals in respect of these Regulations should not be referred to it.
In accordance with section 15A of the Act he has consulted with organisations representing qualifying lenders likely to be affected by the Regulations.
Citation and commencement
1.
These regulations may be cited as the Social Security (Claims and Payments) Amendment Regulations 2006 and shall come into force on 1st April 2006.
Amendment of paragraph 7 of Schedule 9A to the Social Security (Claims and Payments) Regulations 1987
2.
In paragraph 7 of Schedule 9A to the Social Security (Claims and Payments) Regulations 1987[2] (deductions of mortgage interest from benefit and payment to qualifying lenders), for the amount "£0.31" there is substituted the amount "£0.51".
Signed by authority of the Secretary of State for Work and Pensions.
James Plaskitt
Parliamentary Under Secretary of State, Department for Work and Pensions
2nd March 2006
EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations amend paragraph 7 of Schedule 9A to the Social Security (Claims and Payments) Regulations 1987 by increasing from £0.31 to £0.51 the fee which qualifying lenders pay for the purpose of defraying administrative expenses incurred by the Secretary of State in making payments in respect of mortgage interest direct to qualifying lenders.
A full regulatory impact assessment has not been prepared for this instrument as it has minimal impact on the costs of business.
Notes:
[1]
1992 c.5. Section 15A was inserted by paragraph 1 of the Schedule to the Social Security (Mortgage Interest Payments) Act 1992 (c.33) and amended by section 14 of and Schedule 2 to the State Pension Credit Act 2002 (c.16). Section 191 is cited for the meaning ascribed to the word "prescribe".back
[2]
S.I. 1987/1968. Schedule 9A was inserted by S.I. 1992/1026. Paragraph 7 was amended by S.I. 2002/3197, 2003/470, 2004/576 and 2005/2154.back
ISBN
0 11 074150 1
| © Crown copyright 2006 |
Prepared
8 March 2006
|
BAILII:
Copyright Policy |
Disclaimers |
Privacy Policy |
Feedback |
Donate to BAILII
URL: http://www.bailii.org/uk/legis/num_reg/2006/20060551.html
