Paragraph 15 I1

England, Wales and Scotland

(1)

Any income derived from capital to which the claimant is or is treated under regulation 34 (capital jointly held) as beneficially entitled but, subject to sub-paragraph (2), not income derived from capital disregarded under paragraph 1, 2, 4, 7, 13 or 24 to 27 of Schedule 4.

(2)

Income derived from capital disregarded under paragraph 2, 4 or 24 to 27 of Schedule 4 but only to the extent of–

(a)

any mortgage payments made in respect of the dwelling and premises; or

(b)

any–

(i)

standard community charge, or

(ii)

community water charge under the 1987 Act,

which the claimant is liable to pay in respect of the dwelling or premises,

in the period during which that income accrued.

Annotations

Commencement

I1: Sch. 3 para. 15 in force at 1.4.1990, see reg. 1