The Income Support (General) Amendment No. 4 Regulations 1988 No. 1445

Amendment of regulation 48 of the General Regulations

11.  In regulation 48 of the General Regulations (income treated as capital)—

(a) in paragraph (1) the word “annual” shall be omitted; and after the word “applies” there shall be inserted the words “and paid at intervals of at least one year”;

(b) in paragraph (2) after the words “(refund of tax in trade dispute cases)” there shall be inserted the words “or regulation 41(4) (capital treated as income)”.