{
  "url": "https://openlegislation.uk/housing-benefit-regulations-2006/regulation-47",
  "json_url": "https://openlegislation.uk/housing-benefit-regulations-2006/regulation-47.json",
  "legislation": "uksi/2006/213",
  "legislation_title": "The Housing Benefit Regulations 2006",
  "legislation_url": "https://openlegislation.uk/housing-benefit-regulations-2006",
  "path": "regulation/47",
  "kind": "regulation",
  "number": "47",
  "heading": "Calculation of capital in the United Kingdom",
  "text": "Capital which a claimant possesses in the United Kingdom shall be calculated at its current market or surrender value less—\n(a) where there would be expenses attributable to the sale, 10 per cent; and\n(b) the amount of any encumbrance secured on it.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 47 substituted (1.10.2007) by The Social Security (Miscellaneous Amendments) (No. 5) Regulations 2007 (S.I. 2007/2618), regs. 1(1), 11(8)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/213/regulation/47",
    "retrieved_at": "2026-11-06T03:35:43.605354+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}