Paragraph 10
(1)
Where the person concerned is of pensionable age and his weekly disposable income (excluding any net income derived from capital) is less than the current amended figure thereof as prescribed in section 11(2)(a) of the Act there shall be disregarded the amount of capital as specified in the following table:–
| Weekly disposable income (excluding net income derived from capital) | Amount of capital disregarded |
|---|---|
| Up to £10 | 25,000 |
| £11 – £22 | 20,000 |
| £23 – £34 | 15,000 |
| £35 – £46 | 10,000 |
| £47 and above | 5,000 |
F1(2)
In this Schedule “pensionable age” means the age of 60
Annotations
Textual amendments
- F1
Sch. 2 para. 10(2) substituted (6.4.1998) by The Advice and Assistance (Scotland) Amendment Regulations 1998 (S.I. 1998/724), regs. 1(1), 5(d) (with reg. 2)