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Financial conditions
This section has no associated Explanatory Memorandum
10.—(1) For the purposes of Article 8, the financial conditions for a single claimant are that—
(a)the claimant’s capital, or a prescribed part of it, is not greater than a prescribed amount, and
(b)the claimant’s income is such that, if the claimant were entitled to universal credit, the amount payable would not be less than any prescribed minimum.
(2) For those purposes, the financial conditions for joint claimants are that—
(a)their combined capital, or a prescribed part of it, is not greater than a prescribed amount, and
(b)their combined income is such that, if they were entitled to universal credit, the amount payable would not be less than any prescribed minimum.
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