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Regulation 7 Valuation of assets and liabilities of dependants for the purposes of regulation 21

Original text. Later amendments are not shown.

(1)

Regulation 22(5) of the 1994 Regulations shall be amended as follows.

(2)

In the definition of “assets of a relevant description” for “Part I” substitute “Part II”.

(3)

In the definition of “permitted limit”, after “paragraph 1”, insert “in Part II” and for “paragraphs 2 to 17” substitute “the remaining paragraphs in Part II”.