Regulation 25 Calculation of tariff income from capitalI1

Where the adult’s capital calculated in accordance with this Part exceeds £14,250, it is to be treated as equivalent to a weekly income of £1 for each complete £250 in excess of £14,250 but not exceeding £23,250.

Notwithstanding paragraph (1) where any part of the excess is not a complete £250, that part is also to be treated as equivalent to a weekly income of £1.

For the purposes of paragraph (1), capital includes any income treated as capital under regulation 19 (income treated as capital).