PART 6CALCULATION OF CAPITAL AND INCOME

CHAPTER 1CAPITAL

Capital disregarded48

1

Any capital specified in Schedule 10 is to be disregarded from the calculation of a person's capital (see also regulations 75 to 77).

2

Where a period of 6 months is specified in that Schedule, that period may be extended by the Secretary of State where it is reasonable to do so in the circumstances of the case.