OpenLegislation

Regulation 24 Diversion of income

Original text. Later amendments are not shown.

A case shall constitute a case for the purposes of paragraph 5(1) of Schedule 4B to the Act where—

(a)

the non-applicant has the ability to control the amount of income he receives, including earnings from employment or self-employment and dividends from shares, whether or not the whole of that income is derived from the company or business from which his earnings are derived; and

(b)

the Secretary of State is satisfied that the non-applicant has reduced the amount of income he would otherwise receive by diverting it to other persons or for purposes other than the provision of income for himself.