Paragraph 13

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 9 para. 27(1A) words inserted by Social Security (Income and Capital Disregards) 2026 reg. 5(8)(a)
Sch. 9 para. 27(2)-(5) words substituted by Social Security (Income and Capital Disregards) 2026 reg. 5(8)(b)
Sch. 9 para. 27(6) words substituted by Social Security (Income and Capital Disregards) 2026 reg. 5(8)(b)

Any sum—

(a)

deposited with a housing association as defined in section 1(1) of the Housing Associations Act 1985 F1 or section 338(1) of the Housing (Scotland) Act 1987 F2 as a condition of occupying the home;

(b)

which was so deposited and which is to be used for the purchase of another home, for the period of 26 weeks or such longer period as is reasonable in the circumstances to complete the purchase.

Annotations

Textual amendments

F1: 1985 c. 69.
F2: 1987 c. 26.

Notes on the whole SI

Textual amendments

F1: Section 3(3) is cited for the power to prescribe a payment under paragraph (b) of the definition of “pension payment”.
F2: Section 22 is cited insofar as it relates to paragraphs 1 to 3, 6, 7, 8(1), 9 and 10 of Schedule 2.
F3: Section 24(1) is cited for the definition of “employment” and “employed”, “period of limited capability for work”, “prescribed”, “regulations” and “week”.
F4: Paragraph 6(5) of Schedule 1 is cited for the definition of “couple”, “education” and “remunerative work”.
F5: 2007 c. 5.
F6: 1992 c. 5.
F7: 1998 c. 14.