# The Council Tax Reduction Schemes (Default Scheme) (Wales) Regulations 2013, Paragraph 68: Calculation of tariff income from capital: pensioners


The capital of an applicant who is a pensioner, calculated in accordance with this Part, is to be treated as if it were a weekly income of—
(a) £1 for each £500 in excess of £10,000 but not exceeding £16,000; and
(b) £1 for any excess which is not a complete £500.

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Source: https://www.legislation.gov.uk/wsi/2013/3035/schedule/paragraph/68 (the official version)
Page: https://openlegislation.uk/council-tax-reduction-schemes-default-scheme-wales-regulations-2013/schedule/paragraph-68
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.