PART VINCOME AND CAPITAL

CHAPTER VIcapital

Capital limitF145.

For the purposes of section 134(1) of the Contributions and Benefits Act as it applies to income support (no entitlement to benefit if capital exceeds prescribed amount)—

(a)

except where paragraph F2(aa) or (b) applies, the prescribed amount is £8,000;

F3(aa)

where the circumstances prescribed in regulation 53(1ZA) apply in the claimant’s case, the prescribed amount is £12,000;

(b)

where the circumstances prescribed in regulation 53(1B) apply in the claimant’s case, the prescribed amount is £16,000.