Regulation 16 Amendment of Schedule 4

In Schedule 4 (capital to be disregarded),—

(a)

for paragraph 7 substitute—

“7

Any future interest in property of any kind, other than land or premises in respect of which the claimant has granted a subsisting lease or tenancy, including sub-leases or sub-tenancies.”;

(b)

after paragraph 29 insert—

“29A

The value of any funds held under a personal pension scheme or retirement annuity contract.”; and

(c)

in paragraph 30, at the end add “except where the relevant person has a reversionary interest in the property in respect of which rent is due.”.