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Regulation 15 Calculation of income on a weekly basis

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

(1)

For the purposes of Article 21(6A) of the Order, the income of a claimant shall be calculated on a weekly basis—

(a)

by ascertaining in accordance with this Chapter and Chapter V of this Part (other income) the amount of his normal weekly income; and

(b)

by adding to that amount the weekly income calculated under regulation 40 (calculation of tariff income from capital).

(2)

For the purposes of paragraph (1) “income” includes capital treated as income under regulation 28 (capital treated as income) and income which a person is treated as possessing under regulation 29 (notional income).