Paragraph 27
Subject to paragraphs 28 to 30, where the F1Secretary of State is satisified that, otherwise than in the circumstances set out in paragraph 26, a person has intentionally deprived himself of—
any income or capital which would otherwise be a source of income;
any income or capital which it would be reasonable to expect would be secured by him,
with a view to reducing the amount of his assessable income, his net income shall include the amount estimated by F2the Secretary of State as representing the income which that person would have had if he had not deprived himself of or failed to secure that income, or as the case may be, that capital.
Annotations
Textual amendments
- F1
Words in Sch. 1 para. 27 substituted (1.6.1999) by The Social Security Act 1998 (Commencement No. 7 and Consequential and Transitional Provisions) Order 1999 (S.I. 1999/1510), arts. 3(1), 19(e)
- F2
Words in Sch. 1 para. 27 substituted (1.6.1999) by The Social Security Act 1998 (Commencement No. 7 and Consequential and Transitional Provisions) Order 1999 (S.I. 1999/1510), arts. 3(1), 19(d)
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (coming into force in accordance with reg. 1(4) of the amending S.I.) by The Universal Credit (Consequential, Supplementary, Incidental and Miscellaneous Provisions) Regulations 2013 2012 (S.I. 2012/2785), reg. 10(b)
- F2
regulations revoked (3.3.2003 for specified purposes) by The Child Support (Maintenance Calculations and Special Cases) Regulations 2000 (S.I. 2001/155), reg. 15(1) (with reg. 15(2)-(4))