Prospective
Diminishing notional capital ruleE+W
23.—(1) Where A is treated as possessing capital under regulation 22 (“notional capital”), for each week or part of a week that the local authority has determined that A is liable to pay, contribute or make reimbursements towards the cost of their care and support, at a higher rate than that at which A would have been assessed as liable to pay, contribute, or make reimbursements if A had had no notional capital, the amount of A’s notional capital is to be reduced by the method set out in paragraph (2).
(2) The local authority must reduce the amount of A’s notional capital by the difference between—
(a)the higher rate referred to in paragraph (1); and
(b)the rate at which A would have been assessed as liable to pay, contribute, or make reimbursements towards the cost of that care and support for that week or part of a week if A had been assessed as possessing no notional capital.
Commencement Information
I1Reg. 23 in force at 6.4.2016, see reg. 1(2)