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Regulation 28 Estimation of capital and income from capital

Original text. Later amendments are not shown.

(1)

A beneficiary’s capital shall be deemed to yield a weekly income of—

(a)

£1 for each £500 in excess of £10,000; and

(b)

£1 for any excess thereafter which is not a complete £500.

(2)

Any actual income from capital is to be disregarded in the estimation of a beneficiary’s income.