The Income Support (General) (Standard Interest Rate Amendment) Regulations (Northern Ireland) 1996
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 new rate is 7·48 per cent. (regulation 2). The Regulations also revoke, with a saving provision, Regulations which made a previous amendment to that standard rate of interest (regulation 3).