Regulation 37 Determination of tariff income from capital

Where the relevant person’s capital determined in accordance with this Part exceeds £5000 it shall be treated as equivalent to a weekly tariff income of £1 for each complete £250 in excess of £5000.

Notwithstanding paragraph (1) where any part of the excess is not a complete £250 that part shall be treated as equivalent to a weekly tariff income of £1.

For the purposes of paragraph (1), capital includes any income treated as capital under regulation 32 (income treated as capital).