# The Council Tax Reduction Schemes (Default Scheme) (England) Regulations 2012, Paragraph 23: Class of person excluded from this scheme: capital limit

Extent: E+W+S

(1) The class of person described in this paragraph consists of any person whose capital exceeds £16,000.
(2) Capital for the purposes of sub-paragraph (1) is to be calculated in accordance with Part 10 of this scheme.

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Source: https://www.legislation.gov.uk/uksi/2012/2886/schedule/paragraph/23 (the official version)
Page: https://openlegislation.uk/council-tax-reduction-schemes-default-scheme-england-regulations-2012/schedule/paragraph-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.