Regulation 28 Transitional provisions—conversion decisions
Where the variation is being applied for in connection with a subsequent decision within the meaning given in the Transitional Regulations, and the decision to be revised or superseded under section 16 or 17 of the Act, as the case may be, takes into account a relevant property transfer as defined and provided for in those Regulations—
for the purposes of regulations 23 and 25 “capped amount” shall mean the income for the purposes of paragraph 10(3) of Schedule 1 to the Act less any deduction in respect of the relevant property transfer;
for the purposes of regulation 26(3)(b) the additional income for the purposes of paragraph (1) of that regulation shall be after deduction in respect of the relevant property transfer;
regulation 27(4) shall be read as if the aggregation referred to included any deduction in respect of the relevant property transfer; and
regulation 27(5) shall be read as if after the reference to paragraph (3) or (4) there were a reference to any deduction in respect of the relevant property transfer.