PART 6Income and capital

CHAPTER 2Income and capital

Calculation of income and capital where state pension credit is not payable26

Where neither regulation 24 (applicant in receipt of guarantee credit) nor 25 (calculation of applicant’s income in savings credit only cases) applies in the applicant’s case, the income and capital of the applicant is to be calculated or estimated in accordance with regulations 27 (meaning of “income”) to 46 (capital jointly held).