SCHEDULE 6Capital Disregards

PART 2Capital disregarded only for the purposes of determining deemed income

I130

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

Annotations:
Commencement Information
I1

Sch. 6 para. 30 in force at 27.11.2012, see reg. 1(1)

I231

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.

Annotations:
Commencement Information
I2

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

I332

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

Annotations:
Commencement Information
I3

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

I433

Where property is held under a trust, other than—

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.