PART 4Prescribed classes of person who must not be included in an authority’s scheme
Persons whose capital exceeds £16,00030.
(1)
The class of person described in this regulation consists of any person whose capital exceeds £16,000.
(2)
Capital for the purposes of paragraph (1) is to be calculated in accordance with Schedule 1 (pensioners) or Schedule 6 (persons who are not pensioners).