Paragraph 12

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch.3, rule 7 amended by Civil Legal Aid 1997 reg.7(a)
Sch.3, rule 8(b) substituted by Civil Legal Aid 1997 reg.7(b)
Sch.3, rule 8(c) added by Civil Legal Aid 1997 reg.7(c)
Sch.3, rule 5(b) amended by Civil Legal Aid 1998 reg.4(a)
Sch.3, rule 15 amended by Civil Legal Aid 1998 reg.4(b)

The value of any life assurance or endowment policy shall be taken to be the amount which the person concerned could readily borrow on the security thereof.