Section 64 Regulations about financial assessmentsI1

(1)

Regulations must make provision for and in connection with carrying out financial assessments.

(2)

The regulations must make provision for—

(a)

calculating income;

(b)

calculating capital.

(3)

The regulations may also make provision for the following matters (among other matters)—

(a)

the treatment, or non-treatment, of amounts of a specified type as income or as capital;

(b)

cases or circumstances in which a person is to be treated as having financial resources which exceed a specified level (which may include, for example, cases in which the person being assessed has failed to provide to a local authority, upon request, information or documents in the person's possession or under the person's control);

(c)

cases or circumstances in which a new financial assessment must or may be carried out.

Annotations

Commencement

I1: S. 64 in force at 6.4.2016 by S.I. 2016/412, art. 2 (with art. 4, Schs. 1, 2)