The Council Tax Reduction Schemes and Prescribed Requirements (Wales) Regulations 2013 No. 3029 (W. 301)

SCHEDULE 5 E+W Capital disregards: pensioners

PART 2 E+W Capital disregarded only for the purpose of determining deemed income

29.  The value of the right to receive any income under a life interest or from a life rent. E+W

Commencement Information

I1 Sch. 5 para. 29 in force at 28.11.2013, see reg. 1(2)

30.  The value of the right to receive any rent except where the applicant has a reversionary interest in the property in respect of which rent is due. E+W

Commencement Information

I2 Sch. 5 para. 30 in force at 28.11.2013, see reg. 1(2)

31.  The value of the right to receive any income under an annuity or the surrender value (if any) of such an annuity. E+W

Commencement Information

I3 Sch. 5 para. 31 in force at 28.11.2013, see reg. 1(2)

32.  Where property is held under a trust, other than— E+W

(a) a charitable trust within the meaning of the Charities Act 2011(1); or

(b) a trust set up with any payment to which paragraph 16 applies,

and under the terms of the trust, payments fall to be made, or the trustees have a discretion to make payments, to or for the benefit of the applicant or the applicant’s partner, or both, that property.

Commencement Information

I4 Sch. 5 para. 32 in force at 28.11.2013, see reg. 1(2)

[F1 33.   Any payment made by the Treasury to the applicant or the applicant’s partner under the Age-Related Payments Regulations 2013 (Equitable Life) as a qualifying Equitable Life annuitant.] E+W

Textual Amendments

F1 Sch. 5 para. 33 inserted (15.1.2014) by The Council Tax Reduction Schemes (Prescribed Requirements and Default Scheme) (Wales) (Amendment) Regulations 2014 (S.I. 2014/66), regs. 1, 8(c)

(1)

2011 c.25.