Income-related benefits and jobseeker’s allowance: capital treated as incomeE+W+S

3.—(1) In paragraph (1) of regulation 41 of the Income Support Regulations M1 (capital treated as income), after the sum “£8,000" there shall be inserted the words “or, in a case where regulation 45(b) M2 applies, £16,000".

(2) In paragraph (1) of regulation 104 of the Jobseeker’s Allowance Regulations (capital treated as income), after the sum “£8,000" there shall be inserted the words “or, in a case where regulation 107(b) M3 applies, £16,000".

(3) There shall be added as—

F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b)paragraph (3) of regulation 28 of the Disability Working Allowance Regulations;

F2(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(d)paragraph (3) of regulation 25 of the Family Credit Regulations;

(e)paragraph (6) of regulation 41 of the Income Support Regulations;

(f)paragraph (5) of regulation 104 of the Jobseeker’s Allowance Regulations,

the following paragraph—

Any Career Development Loan paid pursuant to section 2 of the Employment and Training Act 1973 shall be treated as income..