[F1107. For the purposes of section 13(1) [F2and (2A)] (no entitlement to an income-based jobseeker’s allowance if capital exceeds a prescribed amount)—
(a)except where paragraph [F3(aa) or] (b) applies, the prescribed amount is £8,000;
[F4(aa)where the circumstances prescribed in regulation 116(1ZA) apply in the claimant’s case, the prescribed amount is £12,000;]
(b)in the case to which regulation 116(1B) applies, the prescribed amount is £16,000.]
Textual Amendments
F1Reg. 107 substituted (7.10.1996) by The Jobseeker’s Allowance (Amendment) Regulations 1996 (S.I. 1996/1516), regs. 1(1), 11
F2Words 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
F3Words in reg. 107(a) inserted (for specified purposes and with effect in accordance with reg. 1(3) of the amending S.I.) by The Social Security Amendment (Capital Limitsand Earnings Disregards) Regulations 2000 (S.I. 2000/2545), regs. 1(1)(c), 2(2)(b)(i)
F4Reg. 107(aa) inserted (for specified purposes and with effect in accordance with reg. 1(3) of the amending S.I.) by The Social Security Amendment (Capital Limitsand Earnings Disregards) Regulations 2000 (S.I. 2000/2545), regs. 1(1)(c), 2(2)(b)(ii)