Paragraph 3 Disposable capital testI1
United Kingdom
A party satisfies the disposable capital test—
(a)
if they or their partner are aged 66 or over and the party’s disposal capital is less than £16,000;
(b)
in any other case, if the fee payable by the party is—
(i)
£1,420 or less and the party’s disposable capital is less than £4,250;
(ii)
more than £1,420, but less than or equal to £5,000 and the party’s disposable capital is less than three times the amount of the fee payable;
(iii)
more than £5,000 and the party’s disposable capital is less than £16,000.
Annotations
Commencement
- I1
Sch. 2 para. 3 in force at 1.4.2024, see art. 1(1)