# The Social Security (Overpayments and Recovery) Regulations (Northern Ireland) 2016, Regulation 7: Diminution of capital

Extent: N.I.

(1) Paragraph (2) applies where—
(a) there is an overpayment of universal credit which occurred as a consequence of an error relating to the amount of a person’s capital; and
(b) the overpayment period is 3 months or more.
(2) Where this paragraph applies, the Department must, for the purpose only of calculating the recoverable amount of that overpayment—
(a) at the end of the first 3 months of the overpayment period, treat the amount of that capital as having been reduced by the amount of universal credit overpaid during those 3 months;
(b) at the end of each subsequent period of 3 months, if any, of the overpayment period, treat the amount of that capital as having been further reduced by the amount of universal credit overpaid during the immediately preceding 3 months.
(3) Capital is not to be treated as reduced over any period other than 3 months in any circumstances other than those for which paragraph (2) provides.

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Source: https://www.legislation.gov.uk/nisr/2016/224/regulation/7 (the official version)
Page: https://openlegislation.uk/social-security-overpayments-and-recovery-regulations-northern-ireland-2016/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.