SCHEDULE 9Capital to be disregarded

48.

(1)

Any payment by way of an education maintenance allowance made pursuant to Article 50 or 51 of the Education and Libraries Order219 or a payment corresponding to such an education maintenance allowance made pursuant to section 3 of the Employment and Training Act.

(2)

Any payment, other than a payment to which sub-paragraph (1) applies, made pursuant to Article 50 or 51 of the Education and Libraries Order, in respect of a course of study attended by a child or a young person or a person who is in receipt of an education maintenance allowance made pursuant to any provision specified in sub-paragraph (1).