Paragraph 13 I1
England, Wales and Scotland
Where the funds of a trust are derived from a payment made in consequence of any personal injury to the claimant the value of the trust fund and the value of the right to receive any payment under that trust, for a period of 2 years, or such longer period as is reasonable in the circumstances, beginning–
if, at the date of the payment, the claimant or his partner is in receipt of an income-related benefit, on that date;
in any other case, on the date on which an income-related benefit is first payable to the claimant or his partner after the date of the payment,
but, for the purposes of regulations 7, 8, and 26(2) (applicable amounts, polygamous marriages and modifications in respect of children and young persons), in calculating the capital of a child or young person there shall be no limit as to the period of disregard under this paragraph.
Annotations
Commencement
- I1
Sch. 4 para. 13 in force at 1.4.1989, see reg. 1(1)