Notional unearned incomeU.K.
74.—(1) If unearned income would be available to a person upon the making of an application for it, the person is to be treated as having that unearned income.
(2) Paragraph (1) does not apply to the benefits listed in regulation 66(1)(b).
(3) A person who has reached the qualifying age for state pension credit is to be treated as possessing the amount of any retirement pension income for which no application has been made and to which the person might expect to be entitled if a claim were made.
(4) The circumstances in which a person is to be treated as possessing retirement pension income for the purposes of universal credit are the same as the circumstances set out in regulation 18 of the State Pension Credit Regulations 2002 M1 in which a person is treated as receiving retirement pension income for the purposes of state pension credit.
Marginal Citations
M1S.I. 2002/1972 amended by S.I. 2005/2677, 2006/2378, 2007/2618, 2009/2655 and 2010/641.