Regulation 12 Insertion of regulation 14A of the Family Credit Regulations

After regulation 14 of the Family Credit Regulations there shall be inserted the following regulation—

“Normal weekly earnings of directors

14A

(1)

Subject to paragraph (2) and regulation 17 (periods to be disregarded), where a claimant’s income includes earnings from employment as a director, his normal weekly earnings from that employment shall be determined by reference to his earnings from that employment received in the year immediately preceding the week of claim.

(2)

Where at the date of claim the claimant has been in employment as a director for less than a year, his normal weekly earnings from that employment shall be determined by reference to any earnings received in the period that he has been in that employment and by reference to an estimate of the earnings likely to be received in the remainder of the first year of the employment.”.