SCHEDULE 6E+WCapital Disregards

PART 2E+WCapital disregarded only for the purposes of determining deemed income

30.  The value of the right to receive any income under a life interest or from a life rent.E+W

31.  The value of the right to receive any rent except where the applicant has a reversionary interest in the property in respect of which rent is due.E+W

Commencement Information

I2Sch. 6 para. 31 in force at 27.11.2012, see reg. 1(1)

32.  The value of the right to receive any income under an annuity or the surrender value (if any) of such an annuity.E+W

Commencement Information

I3Sch. 6 para. 32 in force at 27.11.2012, see reg. 1(1)

33.  Where property is held under a trust, other than—E+W

(a)a charitable trust within the meaning of the Charities Act 1993; or

(b)a trust set up with any payment to which paragraph 16 of this Schedule applies,

and under the terms of the trust, payments fall to be made, or the trustees have a discretion to make payments, to or for the benefit of the applicant or the applicant’s partner, or both, that property.

Commencement Information

I4Sch. 6 para. 33 in force at 27.11.2012, see reg. 1(1)