Paragraph 5 Disposable capitalI1
United Kingdom
Subject to paragraph 14, disposable capital is the value of every resource of a capital nature belonging to the party on the date on which the application for remission is made, unless it is treated as income by this Order, or it is disregarded as excluded disposable capital.
Annotations
Commencement
- I1
Sch. para. 5 in force at 7.10.2013, see art. 1