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Paragraph 5 Disposable capitalI1

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

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.

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Commencement

I1

Sch. para. 5 in force at 7.10.2013, see art. 1