Regulation 28 Capital limit
United Kingdom
For the purposes of section 22(6) of the Act as it applies to F1working families' tax credit (no entitlement to benefit if capital exceeds prescribed amount), the prescribed amount is F2£8,000.
Annotations
Textual amendments
- F1
Words in reg. 28 substituted (5.10.1999) by The Tax Credits Schemes (Miscellaneous Amendments) Regulations 1999 (S.I. 1999/2487), regs. 1(1), 26(1), Sch. 1 para. 1(x)
- F2
Word in reg. 28 substituted (9.4.1990) by Income-Related Benefits (Miscellaneous Amendments) Regulations 1990 (S.I. 1990/671), reg. 1(1), 3(2)