Regulation 24 Estimation of income and capital

(1)

The income and capital of—

(a)

the beneficiary; and

(b)

any partner of the beneficiary,

shall be estimated in accordance with this regulation and regulations 25 to 28.

(2)

Any reference in regulations 25 to 28 to the beneficiary shall apply equally to any partner of the beneficiary.

(3)

Where any estimation under those regulations results in a fraction of a penny, that fraction—

(a)

if it would be to the beneficiary’s advantage, shall be treated as a penny;

(b)

if it would not be to the beneficiary’s advantage, shall be disregarded.