# The Jobseeker’s Allowance Regulations 1996, Regulation 111: Calculation of capital in the United Kingdom


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 incumbrance secured on it.

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Source: https://www.legislation.gov.uk/uksi/1996/207/regulation/111 (the official version)
Page: https://openlegislation.uk/jobseekers-allowance-regulations-1996/regulation-111
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.