SCHEDULE 8Sums disregarded in the calculation of income other than earnings: persons who are not pensioners

60.

(1)

Subject to sub-paragraph (2), in respect of a person who is receiving, or who has received, assistance under the self-employment route, any payment to that person—

(a)

to meet expenses wholly and necessarily incurred whilst carrying on the commercial activity;

(b)

which is used or intended to be used to maintain repayments on a loan taken out by that person for the purpose of establishing or carrying on the commercial activity,

in respect of which such assistance is or was received.

(2)

Sub-paragraph (1) applies only in respect of payments which are paid to that person from the special account.