SCHEDULES

SCHEDULE 8 CAPITAL TO BE DISREGARDED

25.  Any capital which under regulation 104[F1, 106(1)] or 136 (capital treated as income[F1, modifications in respect of children and young persons] and treatment of student loans) is to be treated as income.

Textual Amendments

F1Words in Sch. 8 para. 25 omitted (for specified purposes and with effect in accordance with reg. 1(6)(7)(8) of the amending S.I.) by virtue of The Social Security (Working Tax Credit and Child Tax Credit) (Consequential Amendments) Regulations 2003 (S.I. 2003/455), Sch. 2 para. 24(b)