Interpretation9
1
Except as provided in paragraph (2), for the purpose of calculating the financial resources of the funded defendant:
a
the amount or value of every source of income and every resource of a capital nature available to him may be taken into account; and
b
the financial resources of the funded defendant’s partner shall be treated as the financial resources of the funded defendant.
2
Other than in exceptional circumstances, the following assets of the funded defendant shall not be taken into account:
a
the first £3,000 of capital available to him;
b
the first £100,000 of equity in his principal residence; and
c
his income, where the court or the Commission are satisfied that his gross annual income does not exceed £24,000.
3
In this regulation, “funded defendant’s partner” means a person with whom the funded defendant lives as a couple, and includes a person with whom the funded defendant is not currently living but from whom he is not living separate and apart.