# The State Pension Credit Regulations (Northern Ireland) 2003, Regulation 19: Calculation of capital in the United Kingdom

Extent: N.I.

Capital which a claimant possesses in the United Kingdom shall be calculated at its current market or surrender value less—
(a) where there would be expenses attributable to sale, 10 per cent.; and
(b) the amount of any encumbrance secured on it.

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Source: https://www.legislation.gov.uk/nisr/2003/28/regulation/19 (the official version)
Page: https://openlegislation.uk/state-pension-credit-regulations-northern-ireland-2003/regulation-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.