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Article 8 Prescribed dependants

Original text. Later amendments are not shown.

(1)

For the purposes of section 11(2)(b) of the Act, a person is a dependant of a borrower if he both—

(a)

is a relative of the borrower; and

(b)

is wholly or partly maintained by the borrower.

(2)

A person is a relative of the borrower if he is—

(a)

the borrower’s spouse;

(b)

the borrower’s brother, sister, ancestor or descendant;

(c)

the borrower’s spouse’s brother, sister, ancestor or descendant; or

(d)

the spouse of any person classified, by virtue of sub-paragraph (b) or (c) of this paragraph, as a relative of the borrower.

(3)

In this article—

“ancestor” means a parent or a parent’s parent;

  • “brother” includes a half-brother and a step-brother;

  • “child” includes a step-child;

  • “descendant” means a child or a child’s child;

  • “parent” includes a step-parent;

  • “relative” includes a relative by adoption;

  • “sister” includes a half-sister and a step-sister; and

  • “spouse” includes a former spouse.