Regulation 14A Normal weekly earnings of directorsF1
United Kingdom
Subject to paragraph (2) and regulation 17 (periods to be disregarded), where a claimant’s income includes earnings from employment as a director, his normal weekly earnings from that employment shall be determined F2by taking account of his earnings from that employment received in the year immediately preceding the week of claim, whether the amount so received was earned in respect of that period or not.
Where at the date of claim the claimant has been in employment as a director for less than a year, his normal weekly earnings from that employment shall be F3determined by taking account of his earnings from that employment received in the period that he has been in that employment and by reference to an estimate of the earnings likely to be received in the remainder of the first year of the employment.
Annotations
Textual amendments
- F1
Reg. 14A substituted (12.4.1994) by The Income-related Benefits Schemes (Miscellaneous Amendments) Regulations 1994 (S.I. 1994/527), regs. 1(1)(c), 12
- F2
Words in reg. 14A(1) substituted (7.1.1997) by The Disability Working Allowance and Family Credit (General) Amendment Regulations 1996 (S.I. 1996/3137), regs. 1, 3(3)(a)
- F3
Words in reg. 14A(2) substituted (7.1.1997) by The Disability Working Allowance and Family Credit (General) Amendment Regulations 1996 (S.I. 1996/3137), regs. 1, 3(3)(b)