Capital limitE+W+S
[F145. 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.]
Textual Amendments
F1Reg. 45 substituted (8.4.1996) by The Income-related Benefits Schemes (Miscellaneous Amendments) Regulations 1996 (S.I. 1996/462), regs. 1(2), 12(1)(a)
F2Words in reg. 45(a) inserted (for specified purposes and with effect in accordance with reg. 1(2) of the amending S.I.) by The Social Security Amendment (Capital Limits and Earnings Disregards) Regulations 2000 (S.I. 2000/2545), regs. 1(1)(c), 2(1)(b)(i)
F3Reg. 45(aa) inserted (for specified purposes and with effect in accordance with reg. 1(2) of the amending S.I.) by The Social Security Amendment (Capital Limits and Earnings Disregards) Regulations 2000 (S.I. 2000/2545), regs. 1(1)(c), 2(1)(b)(ii)
Modifications etc. (not altering text)
C1Reg. 45 applied (with modifications) (11.4.2005) by S.I. 2003/2382 (as amended (E.) by The National Health Service (Charges for Drugs and Appliances) and (Travel Expenses and Remission of Charges) Amendment Regulations 2005 (S.I. 2005/578), regs. 1(1), 19(2)(a); (S.) by The National Health Service (Travelling Expenses and Remission of Charges) (Scotland) Amendment (No. 2) Regulations 2005 (S.S.I. 2005/179), regs. 1(3), 5(a))
Commencement Information
I1Reg. 45 in force at 11.4.1988, see reg. 1