Payments of income in connection with students to be disregarded for the purposes of regulation 3U.K.
9. Income which is exempt from income tax by virtue of section 331 or 331A of the Taxes Act (which deal respectively with scholarship income and interest on the repayment of sums recovered by way of deductions in respect of student loans) M1 is disregarded in calculating a claimant’s income under regulation 3.
Marginal Citations
M1Section 331A was inserted by section 60 of the Finance Act 1999.