# The Universal Credit Regulations 2013, Paragraph 8


Assets which were used wholly or mainly for a trade, profession or vocation that the person has ceased to carry on within the past 6 months if—
(a) the person is taking reasonable steps to dispose of those assets; or
(b) the person ceased to be engaged in carrying on the trade, profession or vocation because of incapacity and can reasonably expect to be reengaged on recovery.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111531938/schedule/10/paragraph/8 (the official version)
Page: https://openlegislation.uk/draft-universal-credit-regulations-2013/schedule-10/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.