PART 6Income and capital
CHAPTER 7Capital
Calculation of tariff income from capital51
1
Subject to paragraph (2), where the applicant's capital calculated in accordance with this Part exceeds £6,000 it is to be treated as equivalent to a weekly tariff income of £1 for each complete £250 in excess of—
a
£10,000 in the case where the applicant is aged 60 or over or has a partner who is aged 60 or over; and
b
£6,000 in any other case.
2
Where any part of the excess is not a complete £250 that part is to be treated as equivalent to a weekly tariff income of £1.