SCHEDULE 5INCOME FROM CAPITAL

PART ICAPITAL DISREGARDED FOR THE PURPOSE OF CALCULATING INCOME

I111

The value of any funeral plan contract and for this purpose, “funeral plan contract” means a contract under which –

a

the claimant makes one or more payments to another person (“the provider”);

b

the provider undertakes to provide, or secure the provision of, a funeral in the United Kingdom or in the Republic of Ireland for the claimant on his death; and

c

the sole purpose of the plan is to provide or secure the provision of a funeral for the claimant on his death.