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Regulation 20 Capital limit

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

No resident shall be assessed as unable to pay for his accommodation at the standard rate if his capital calculated in accordance with regulation 21 exceeds the amount prescribed for the purposes of section 134(1) of the Contributions and Benefits Actf1 (exclusions from benefit).

Annotations

Footnotes

f1

See regulation 45 of the Income Support Regulations, as amended by regulation 5(2) of S.I. 1990/671. The amount prescribed is currently £8,000.