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Regulation 6 Disposable income and disposable capitalI1

England and Wales

(1)

Subject to regulation 14, the disposable income of an individual under this Part is that individual’s total income from all sources during the period of calculation after the Director has deducted any amount in accordance with regulations 11 and 12.

(2)

Subject to regulation 14, the disposable capital of an individual under this Part is the amount or value of every resource of a capital nature of that individual, after the Director has deducted any amount in accordance with regulation 13.

Annotations

Commencement

I1

Reg. 6 in force at 1.4.2013, see reg. 1