The Jobseeker’s Allowance Regulations 1996

Capital limit

[F1 107.   For the purposes of section 13(1) [F2 and (2A)] (no entitlement to an income-based jobseeker’s allowance if capital exceeds a prescribed amount)—

(a) except where paragraph (b) applies, the prescribed amount is £8,000;

(b) in the case to which regulation 116(1B) applies, the prescribed amount is £16,000.]

Textual Amendments

F1 Reg. 107 substituted (7.10.1996) by The Jobseeker’s Allowance (Amendment) Regulations 1996 (S.I. 1996/1516), regs. 1(1), 11

F2 Words in reg. 107 inserted (19.3.2001) by The Jobseeker’s Allowance (Joint Claims) Regulations 2000 (S.I. 2000/1978), reg, 1(1), Sch. 2 para. 43