Paragraph 25

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 capital which under regulation 105 or 137 (capital treated as income or treatment of student loans) is to be treated as income.

Notes on the whole SI

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.