Legislation

Regulation 40 – Determination of tariff income from capital

Introduction

(1) Where the relevant person’s capital determined in accordance with this Chapter and Chapters 4 to 8 exceeds £6000 it shall be treated as equivalent to a weekly tariff income of- (a) where the relevant person is aged under 60, £1 for each complete £250 in excess of £6000; and (b) where the relevant person […]

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