OpenLegislation

Paragraph 6 Disposable capital - non-money resourcesF1

United Kingdom

The value of F2any savings and investments that do not consist of money is calculated as the amount which that resource would realise if sold, less—

(a)

10% of the sale value; and

(b)

the amount of any borrowing secured against that resource that would be repayable on sale.

Annotations

Textual amendments

F1

Sch. 1A substituted (7.10.2013) by The Courts and Tribunals Fee Remissions Order 2013 (S.I. 2013/2302), arts. 1, 3(2) (with art. 13)

F2

Words in Sch. 1A para. 6 substituted (27.11.2023) by The Courts and Tribunals (Fee Remissions and Miscellaneous Amendments) Order 2023 (S.I. 2023/1094), arts. 1(2), 2(1)(6) (with art. 6)