xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULE 5SCapital to be disregarded

13.  Any sum—S

(a)deposited with a housing association as defined in section 1(1) of the Housing Associations Act 1985 M1 or section 338(1) of the Housing (Scotland) Act 1987 M2 as a condition of occupying the home; and

(b)which was so deposited and which is to be used for the purchase of another home,

for the period of 26 weeks or such longer period as may be reasonable in the circumstances to enable the applicant to complete the purchase.

Marginal Citations

M11985 c.69. Section 1(1) was amended by sections 1 and 3 of, and paragraph 6 of Schedule 2 to, the Housing (Scotland) Act 1988 (c.43), paragraph 11 of schedule 10 to the Housing (Scotland) Act 2001 (asp 10) and S.I. 1996/2325.

M21987 c.26. There are amendments to section 338 which are not relevant to these Regulations.