# The Housing Benefit Regulations (Northern Ireland) 2006, Regulation 44: Calculation of capital in the United Kingdom

Extent: N.I.

Capital which a claimant possesses in the United Kingdom shall be calculated at its current market or surrender value less—
(a) where there would be expenses attributable to the sale, 10 per cent.; and
(b) the amount of any encumbrance secured on it.

---
Source: https://www.legislation.gov.uk/nisr/2006/405/regulation/44 (the official version)
Page: https://openlegislation.uk/housing-benefit-regulations-northern-ireland-2006/regulation-44
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.