{
  "url": "https://openlegislation.uk/jobseekers-allowance-regulations-northern-ireland-1996/regulation-116",
  "json_url": "https://openlegislation.uk/jobseekers-allowance-regulations-northern-ireland-1996/regulation-116.json",
  "legislation": "nisr/1996/198",
  "legislation_title": "The Jobseeker’s Allowance Regulations (Northern Ireland) 1996",
  "legislation_url": "https://openlegislation.uk/jobseekers-allowance-regulations-northern-ireland-1996",
  "path": "regulation/116",
  "kind": "regulation",
  "number": "116",
  "heading": "Calculation of tariff income from capital",
  "text": "(1) Where the claimant’s capital calculated in accordance with this Part exceeds £3,000 it shall be treated as equivalent to a weekly income of £1 for each complete £250 in excess of £3,000 but not exceeding £8,000.\n(2) Notwithstanding paragraph (1), where any part of the excess is not a complete £250 that part shall be treated as equivalent to a weekly income of £1.\n(3) For the purposes of paragraph (1), capital includes any income treated as capital under regulations 110 and 124 (income treated as capital and liable relative payments treated as capital).",
  "extent": "N.I.",
  "status": "prospective",
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 116 in operation at 7.10.1996, see reg. 1(1)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "coming into force",
      "affecting": "nisr/1996/198",
      "affecting_title": "The Jobseeker’s Allowance Regulations (Northern Ireland) 1996"
    },
    {
      "type": "omitted",
      "affecting": "nisr/2005/424",
      "affecting_title": "The Social Security (Miscellaneous Amendments No. 2) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "omitted",
      "affecting": "nisr/2005/424",
      "affecting_title": "The Social Security (Miscellaneous Amendments No. 2) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "words omitted",
      "affecting": "nisr/1997/22",
      "affecting_title": "The Income-Related Benefits and Jobseeker’s Allowance (Miscellaneous Amendments) Regulations (Northern Ireland) 1997"
    },
    {
      "type": "added",
      "affecting": "nisr/1997/22",
      "affecting_title": "The Income-Related Benefits and Jobseeker’s Allowance (Miscellaneous Amendments) Regulations (Northern Ireland) 1997"
    },
    {
      "type": "added",
      "affecting": "nisr/2003/329",
      "affecting_title": "The Social Security (Students and Income-Related Benefits Amendment) Regulations (Northern Ireland) 2003"
    },
    {
      "type": "words omitted",
      "affecting": "nisr/2005/424",
      "affecting_title": "The Social Security (Miscellaneous Amendments No. 2) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "sum substituted",
      "affecting": "nisr/2005/424",
      "affecting_title": "The Social Security (Miscellaneous Amendments No. 2) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "sum substituted",
      "affecting": "nisr/2005/424",
      "affecting_title": "The Social Security (Miscellaneous Amendments No. 2) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "substituted",
      "affecting": "nisr/2005/458",
      "affecting_title": "The Social Security (Residential Care Homes, Nursing Homes and Independent Hospitals) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "omitted",
      "affecting": "nisr/2005/458",
      "affecting_title": "The Social Security (Residential Care Homes, Nursing Homes and Independent Hospitals) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "word substituted",
      "affecting": "nisr/2005/458",
      "affecting_title": "The Social Security (Residential Care Homes, Nursing Homes and Independent Hospitals) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "omitted",
      "affecting": "nisr/2005/458",
      "affecting_title": "The Social Security (Residential Care Homes, Nursing Homes and Independent Hospitals) Regulations (Northern Ireland) 2005"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/1996/198/regulation/116",
    "retrieved_at": "2026-10-29T02:36:06.555307+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}