
Print Options
PrintThe Whole
Instrument
PrintThe Whole
Part
PrintThis
Section
only
Status:
Point in time view as at 11/04/2016.
Changes to legislation:
There are outstanding changes not yet made by the legislation.gov.uk editorial team to The State Pension Credit Regulations 2002. Any changes that have already been made by the team appear in the content and are referenced with annotations.

Changes to Legislation
Changes and effects yet to be applied by the editorial team are only applicable when viewing the latest version or prospective version of legislation. They are therefore not accessible when viewing legislation as at a specific point in time. To view the ‘Changes to Legislation’ information for this provision return to the latest version view using the options provided in the ‘What Version’ box above.
Calculation of capital outside the United Kingdom
20. Capital which a claimant possesses in a country outside the United Kingdom shall be calculated—
(a)in a case where there is no prohibition in that country against the transfer to the United Kingdom of an amount equal to its current market or surrender value in that country, at that value;
(b)in a case where there is such a prohibition, at the price which it would realise if sold in the United Kingdom to a willing buyer,
less, where there would be expenses attributable to sale, 10 per cent., and the amount of any encumbrance secured on it.
Yn ôl i’r brig