# The Universal Credit Regulations 2013, Regulation 47: Jointly held capital


Where a person and one or more other persons have a beneficial interest in a capital asset, those persons are to be treated, in the absence of evidence to the contrary, as if they were each entitled to an equal share of the whole of that beneficial interest.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111531938/regulation/47 (the official version)
Page: https://openlegislation.uk/draft-universal-credit-regulations-2013/regulation-47
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.