C2PART VINCOME AND CAPITAL

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C2C1CHAPTER VIcapital

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Modifications etc. (not altering text)

F1Calculation of capital in the United KingdomI149

Capital which a claimant possesses in the United Kingdom shall be calculated at its current market or surrender value less—

a

where there would be expenses attributable to sale, 10 per cent; and

b

the amount of any incumbrance secured on it.