Paragraph 16 I1

England, Wales and Scotland

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

Sch.3, para.9 amended by Tax Credits Schemes Amendment (Education Maintenance Allowance) 2000 reg.3(1)(2)(b)
Sch. 3 para. 11(d) substituted by Tax Credits (New Deal Consequential Amendments) 2001 reg. 8(2)
Sch. 3 para. 57 substituted by Tax Credits (New Deal Consequential Amendments) 2001 reg. 8(3)
Sch. 3 para. 69 added by Tax Credits 2001 reg. 4(2)
Sch. 3 para. 42(d) words inserted by Secretaries of State for Health and Social Care and for Housing, Communities and Local Government and Transfer of Functions (Commonhold Land) 2018 Sch. para. 21(c)
Sch. 3 para. 44 word substituted by Secretary of State for Justice 2007 Sch. para. 15(2)
Sch. 3 para. 55 words substituted by Social Care (Self-directed Support) (Scotland) Act 2013 (Consequential Modifications and Savings) 2014 Sch. para. 3
Sch. 3 para. 55 words inserted by Community Care, Services for Carers and Children’s Services (Direct Payments) 2003 reg. 11(2) Sch. 2
Sch. 3 para. 27A inserted by Tax Credits 2003 reg. 7(2)
Sch. 3 para. 22(1)(a) words inserted by Adoption and Children (Scotland) Act 2007 (Consequential Modifications) 2011 Sch. 1 para. 13(3)
Sch. 3 para. 55 words inserted by Community Care, Services for Carers and Children’s Services (Direct Payments) 2004 Sch. 2 para. 2
Sch. 3 para. 24(a) words inserted by National Health Service Reform and Health Care Professions Act 2002 (Supplementary, Consequential etc. Provisions) 2002 reg. 8 Sch. 5
Sch. 3 para. 14(b) words inserted by Tax Credits 2002 reg. 5(1)(a)
Sch. 3 para. 14(c) words inserted by Tax Credits 2002 reg. 5(1)(b)
Sch. 3 para. 50 words inserted by Tax Credits 2002 reg. 6
Sch. 3 para. 51 words inserted by Tax Credits 2002 reg. 6
Sch. 3 para. 52(1)(b) words inserted by Tax Credits 2002 reg. 7
Sch. 3 para. 25 words substituted by Tax Credits 2002 reg. 4(2)

(1)

Any income derived from capital to which the claimant is, or is treated under regulation 39 (capital jointly held) as, beneficially entitled but, subject to sub-paragraph (2), not income derived from capital disregarded under paragraphs 1, 2, 4, 6, 13 or 26 to 30 of Schedule 4.

(2)

Income derived from capital disregarded under paragraphs 2, 4 or 26 to 30 of Schedule 4 but F1only to the extent of—

(a)

any mortgage repayments made in respect of the dwelling or premises in the period during which that income accrued; or

(b)

any council tax or water charges which the claimant is liable to pay in respect of the dwelling or premises and which are paid in the period during which that income accrued.

Annotations

Textual amendments

F1: Words in Sch. 3 para. 16(2) substituted (with effect in accordance with reg. 1(3) of the amending S.I.) by The Income-related Benefits Schemes (Miscellaneous Amendments) Regulations 1993 (S.I. 1993/315), regs. 1(1)(b), 21(2)

Commencement

I1: Sch. 3 para. 16 in force at 7.4.1992, see reg. 1

Notes on Schedule 3

Modifications

C1: Sch. 3 paras. 61, 62 modified (temp. until 27.11.2001) (28.11.2000) by The Social Security (New Deal Pilot) Regulations 2000 (S.I. 2000/3134), regs. 1(1)(b), 16(1)(2)(b) (with regs. 1(2), 11, 19)