PART 3Amendment of the Council Tax Reduction (State Pension Credit) (Scotland) Regulations 2012
Uprating and miscellaneous amendments26.
In Part 1 of Schedule 4 (capital to be disregarded)—
(a)
in paragraph 2135—
(i)
omit “or” following sub-paragraph (2)(n); and
(ii)
after sub-paragraph (2)(o) insert—
“; or
(p)
universal credit”; and
(b)
after paragraph 30 insert—
“30A.
Where a person elects to be entitled to a lump sum under Schedule 5 or 5A to the 1992 Act or under Schedule 1 to the Social Security (Graduated Retirement Benefit) Regulations 2005, or is treated as having made such an election, and a payment has been made pursuant to that election, an amount equal to—
(a)
except where sub-paragraph (b) applies, the amount of any payment or payments made on account of that lump sum; or
(b)
the amount of that lump sum,
but only for so long as that person does not change that election in favour of an increase of pension or benefit.”.