PART VIII INCOME AND CAPITAL

Chapter VI Capital

Capital limitF1107.

For the purposes of section 13(1) F2and (2A) (no entitlement to an income-based jobseeker’s allowance if capital exceeds a prescribed amount)—

(a)

except where paragraph F3(aa) or (b) applies, the prescribed amount is £8,000;

F4(aa)

where the circumstances prescribed in regulation 116(1ZA) apply in the claimant’s case, the prescribed amount is £12,000;

(b)

in the case to which regulation 116(1B) applies, the prescribed amount is £16,000.