Bank Charges Not Allowed on Certain Benefits!

#1
Under Section 187 of the Social Security Administration Act 1992

There is an Act of Parliament which over-rides banks taking charges from your account if you are in receipt of any of the following benefits.

• Income Support
• Tax Credits
• Child Benefit
• Job seekers allowance
• Incapacity benefit
• Disability living allowance
• Attendance Allowance
• CSA payments


These social security benefits are granted to stop hardship and are designed to meet basic day to day needs, and are exempt and are protected under the Social Security Administration Act 1992 subsection 187. from arrestment in terms of section 187 of the Social Security Administration Act 1992.

Section 45 of the Tax Credits Act 2002 Chapter 21 part 1 is an identical provision to the said section 187 of the 1992 Act. This stipulates that the banks can not apply any charges to money received as benefit, and any such charges are unlawful and therefore disallowed.
 

jarrod248

LE
Gallery Guru
#2
Under Section 187 of the Social Security Administration Act 1992

There is an Act of Parliament which over-rides banks taking charges from your account if you are in receipt of any of the following benefits.

• Income Support
• Tax Credits
• Child Benefit
• Job seekers allowance
• Incapacity benefit
• Disability living allowance
• Attendance Allowance
• CSA payments


These social security benefits are granted to stop hardship and are designed to meet basic day to day needs, and are exempt and are protected under the Social Security Administration Act 1992 subsection 187. from arrestment in terms of section 187 of the Social Security Administration Act 1992.

Section 45 of the Tax Credits Act 2002 Chapter 21 part 1 is an identical provision to the said section 187 of the 1992 Act. This stipulates that the banks can not apply any charges to money received as benefit, and any such charges are unlawful and therefore disallowed.
What is your point? If indeed you have one.
 
#3
An outrage thread? How novel.
 
#7
He's wrong anyway and its legal (maybe not moral) to take charges from a persons current accounts available (or otherwise) balance, what banks cannot do is approach those paying your benefits and intercept funds to pay it's charges - however once that money is in your current account it becomes fair game - but what would I know...
 
#9
Under Section 187 of the Social Security Administration Act 1992....and lots more stuff I picked up of the interwebz with bothering to check
'The purpose of the Social Security Administration Act 1992 Section 187 and section 45 of the Tax Credits Act 2002 is to prevent people’s benefit money being at risk by it being assigned over to a third party in settlement of a debt. It is not intended to prohibit the application of bank charges. Bank charges are in the nature of an expense, and are incurred by the holder of the account; tax credits and benefits are payable in order to help customers meet their expenses, and as such it is legitimate for banks to deduct charges from the balance of an account held in that bank, whether the money paid into the account comes from tax credits, benefits or other sources, such as earnings.'

Benefits and the Social Security Administration Act - Consumer Wiki
 
#13
#14
I fully agree and it also needs plenty of salt. I like the egg quite chunky.
I'm having beef and chicken fajitas, not mixed but some beef and some chicken fajitas. Probably have a few Desperados and a couple of tequilas.
 
#16
I tried putting some fresh parsley in my egg mayonnaise sandwich today. Not as good as cress IMHO.
Hopefully you use the real tasty watercress not the horrible stuff that comes in a punnet that tastes like grass?
 
#19
Not only is Air Filter a bellend, he's a bellend that doesn't know what he's talking about..................................................
That's never stopped him posting ill researched (wrong) facts.
It does amuse me a little to picture him, sweat on brow, face an unhealthy red and steam coming from his ears as he tries to bring to the light injustices against benefit recipients.
Is AF altruistic, or does he have a vested interest?
 
#20
I tried putting some fresh parsley in my egg mayonnaise sandwich today. Not as good as cress IMHO.
You can improve the whole experience by replacing the mayonnaise with some of the homemade variety. (The type made with eggs and oil, not the other stuff.)
 

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