SCHEDULES

SCHEDULE 10Capital to be disregarded

Rights in pensions schemes etc.

9

The value of any policy of life insurance.

10

1

The value of any right to receive a pension under an occupational or personal pension scheme or any other pension scheme registered under section 153 of the Finance Act 2004 M1.

2

“Occupational pension scheme” and “personal pension scheme” have the meaning in section 1 of the Pension Schemes (Northern Ireland) Act 1993. M2

11

1

The value of a funeral plan contract.

2

Funeral plan contract” means a contract under which the person makes payments to a person to secure the provision of a funeral and where the sole purpose of the plan is the provision of a funeral.