{
  "url": "https://openlegislation.uk/civil-legal-aid-scotland-regulations-1987/schedule-3/paragraph-5",
  "json_url": "https://openlegislation.uk/civil-legal-aid-scotland-regulations-1987/schedule-3/paragraph-5.json",
  "legislation": "uksi/1987/381",
  "legislation_title": "The Civil Legal Aid (Scotland) Regulations 1987",
  "legislation_url": "https://openlegislation.uk/civil-legal-aid-scotland-regulations-1987",
  "path": "schedule/3/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": null,
  "text": "Where the person concerned is or is to be treated as the sole owner of or a partner in any business, the value of such business or his share therein to that person shall be taken to be either–\n(a) such sum, or his share of such sum, as the case may be, as could be withdrawn from the assets of such business without substantially impairing the profits of such business or the normal development thereof; or\n(b) such sum as that person could borrow on the security of his interest in such business without injuring the commercial credit of that business;\nwhichever is the greater.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "amended",
      "affecting": "uksi/1990/631",
      "affecting_title": "The Civil Legal Aid (Scotland) Amendment Regulations 1990"
    },
    {
      "type": "substituted",
      "affecting": "uksi/1992/753",
      "affecting_title": "The Civil Legal Aid (Scotland) Amendment Regulations 1992"
    },
    {
      "type": "amended",
      "affecting": "uksi/1988/490",
      "affecting_title": "The Civil Legal Aid (Scotland) Amendment Regulations 1988"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/381/schedule/3/paragraph/5",
    "retrieved_at": "2026-10-29T16:30:50.693750+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}