Paragraph 28

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

Sch. 5 para. 15(1A) words substituted by Social Security 2026 reg. 3(5)(a)
Sch. 5 para. 15(1A) words inserted by Social Security (Income and Capital Disregards) 2026 reg. 2(4)(a)
Sch. 5 para. 15(2)-(5) words substituted by Social Security 2026 reg. 3(5)(b)
Sch. 5 para. 15(2)-(5) words substituted by Social Security (Income and Capital Disregards) 2026 reg. 2(4)(b)
Sch. 5 para. 15(6) words substituted by Social Security 2026 reg. 3(5)(b)
Sch. 5 para. 15(6) words substituted by Social Security (Income and Capital Disregards) 2026 reg. 2(4)(b)

Where property is held under a trust, other than—

(a)

a charitable trust within the meaning of the Charities Act 1993 M1; or

(b)

a trust set up with any payment to which paragraph 16 of this Schedule applies,

and under the terms of the trust, payments fall to be made, or the trustees have a discretion to make payments, to or for the benefit of the claimant or the claimant’s partner, or both, that property.

Annotations

Marginal citations

M1: 1993 c. 10.

Notes on Part II

Textual amendments

F1: Sch. V Pt. II heading substituted (6.10.2003) by The State Pension Credit (Consequential, Transitional and Miscellaneous Provisions) Regulations 2002 (S.I. 2002/3019), regs. 1(2)(b), 23(o)(iv)