Regulation 28 Calculation of capitalI1
England, Wales and Scotland
(1)
For the purposes of Part II of the Act as it applies to housing benefit, the capital of a claimant to be taken into account shall, subject to paragraph (2), be the whole of his capital calculated in accordance with this Part and any income treated as capital F1under regulation 30 (income treated as capital).
(2)
There shall be disregarded from the calculation of a claimant’s capital under paragraph (1), any capital, where applicable, specified in Schedule 4.
Annotations
Textual amendments
- F1
Words in reg. 28(1) substituted (1.4.1989) by The Housing Benefit (Community Charge Rebates) (Scotland) Amendment Regulations 1989 (S.I. 1989/361), regs. 1(1)(b), 8