74.—(1) If unearned income would be available to a person upon the making of an application for it, the person is to be treated as having that unearned income.
(2) Paragraph (1) does not apply to the benefits listed in regulation 66(1)(b).
(3) A person who has reached the qualifying age for state pension credit is to be treated as possessing the amount of any retirement pension income for which no application has been made and to which the person might expect to be entitled if a claim were made.
(4) The circumstances in which a person is to be treated as possessing retirement pension income for the purposes of universal credit are the same as the circumstances set out in regulation 18 of the State Pension Credit Regulations (Northern Ireland) 2003 M1 in which a person is treated as receiving retirement pension income for the purposes of state pension credit.
Marginal Citations
M1Regulation 18 was amended by regulation 14(4) of S.R. 2006 No. 359, regulation 8(3) of S.R. 2007 No. 396, regulation 5(4) of S.R. 2009 No. 338 and regulation 6(6) of S.R. 2010 No. 69.