OpenLegislation

Regulation 18 Calculation of capitalI1

England and Wales

(1)

The capital of the adult to be taken into account in a financial assessment is, subject to paragraph (2), to be the whole of the adult’s capital calculated in accordance with this Part and any income treated as capital under regulation 19.

(2)

Any capital, where applicable, specified in Schedule 2 is to be disregarded in the calculation of the adult’s capital under paragraph (1).

Annotations

Commencement

I1

Reg. 18 in force at 1.4.2015 in accordance with reg. 1