# The Council Tax Benefit (General) Regulations 1992, Regulation 37: Calculation of tariff income from capital

Extent: E+W+S

(1) Where the claimant’s capital calculated in accordance with this Part exceeds £3000 it shall be treated as equivalent to a weekly tariff income of £1 for each complete £250 in excess of £3,000 but not exceeding £16,000.
(2) Notwithstanding paragraph (1) where any part of the excess is not a complete £250 that part shall be treated as equivalent to a weekly tariff income of £1.
(3) For the purposes of paragraph (1), capital includes any income treated as capital under regulation 31 (income treated as capital).

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Source: https://www.legislation.gov.uk/uksi/1992/1814/regulation/37 (the official version)
Page: https://openlegislation.uk/council-tax-benefit-general-regulations-1992/regulation-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.