The Income Support (General) Amendment No. 3 Regulations 1993

Sums to be disregarded in the calculation of income other than earnings

6.  In Schedule 9 to the Income Support Regulations (sums to be disregarded in the calculation of income other than earnings), in paragraph 29—

(a)in sub-paragraph (1)(a) for the words “under that paragraph”, there shall be substituted the words “under paragraphs 7, 8 and 10 of Schedule 3”; and

(b)for sub-paragraph (2) there shall be substituted the following sub-paragraph—

(2) The amount to which sub-paragraph (1)(a) refers shall be taken into account in calculating the amount to be excluded under this paragraph only for such period during which either—

(a)there is applicable to the claimant 50 per cent of his eligible interest under paragraph 7 of Schedule 3; or

(b)the amount of the loan to be taken into account is restricted by virtue of paragraph 7(6B) or 10 of Schedule 3..