(1)No person shall be entitled to an income-based jobseeker’s allowance if his capital, or a prescribed part of it, exceeds the prescribed amount.
(2)Where a person claiming an income-based jobseeker’s allowance is a member of a family, the income and capital of any member of that family shall, except in prescribed circumstances, be treated as the income and capital of the claimant.
[F1(2A)Subsections (1) and (2) do not apply as regards a joint-claim jobseeker’s allowance; but a joint-claim couple shall not be entitled to a joint-claim jobseeker’s allowance if the couple’s capital, or a prescribed part of it, exceeds the prescribed amount.
(2B)Where a joint-claim couple claim a joint-claim jobseeker’s allowance—
(a)the couple’s income and capital includes the separate income and capital of each of them; and
(b)the income and capital of any other person who is a member of any family of which the couple are members shall, except in prescribed circumstances, be treated as income and capital of the couple.]
(3)Regulations may provide that capital not exceeding the amount prescribed under subsection (1), but exceeding a prescribed lower amount, shall be treated, to a prescribed extent, as if it were income of a prescribed amount.
Textual Amendments
F1S. 13(2A)-(2B) inserted (19.3.2001) by 1999 c. 30, s. 59, Sch. 7 para. 9; S.I. 2000/2958, art. 2(2)
Commencement Information
I1S. 13 wholly in force at 7.10.1996; s. 13 not in force at Royal Assent, see s. 41(2); s. 13 in force (12.12.1995) for the purpose of authorising the making of regulations by S.I. 1995/3228, art. 2(b), Sch.; s. 13 in force (7.10.1996) in so far as not already in force by S.I. 1996/2208, art. 2(b)