Regulation 46A Calculation of capital—lump sum access fund paymentF1
There shall be disregarded from the calculation of a student’s capital under regulation 32(1) any lump sum access fund payment made to the student that is not intended to be used for daily living costs, but only for a period of 52 weeks from the date of receipt of the payment.
Annotations
Textual amendments
- F1
Reg. 46A inserted (with effect in accordance with reg. 1(3) of the amending S.I.) by The Tax Credits Schemes (Miscellaneous Amendments No. 3) Regulations 2000 (S.I. 2000/1807), regs. 1(1), 14