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Paragraph 5 Disposable capitalF1

(F21)

Subject to paragraph 14, disposable capital is the value of F3any savings and investments belonging to the party on the date on which the application for remission is made, unless it is treated as income by this Order, or it is disregarded as excluded disposable capital.

F4(2)

In sub-paragraph (1), reference to “savings and investments” includes, but is not limited to—

(a)

bonds;

(b)

stocks and shares; and

(c)

the value of any land or property.

Annotations

Textual amendments

F1

Sch. inserted (7.10.2013) by The Courts and Tribunals Fee Remissions Order 2013 (S.I. 2013/2302), arts. 1, 4(7), Sch. (with art. 13)

F2

Sch. para. 5 renumbered as Sch. para. 5(1) (27.11.2023) by The Courts and Tribunals (Fee Remissions and Miscellaneous Amendments) Order 2023 (S.I. 2023/1094), arts. 1(2), 2(1)(5)(a) (with art. 6)

F3

Words in Sch. para. 5(1) substituted (27.11.2023) by The Courts and Tribunals (Fee Remissions and Miscellaneous Amendments) Order 2023 (S.I. 2023/1094), arts. 1(2), 2(1)(5)(b) (with art. 6)

F4

Sch. para. 5(2) inserted (27.11.2023) by The Courts and Tribunals (Fee Remissions and Miscellaneous Amendments) Order 2023 (S.I. 2023/1094), arts. 1(2), 2(1)(5)(c) (with art. 6)