64Regulations about financial assessments
(1)Regulations must make provision for and in connection with carrying out financial assessments.
(2)The regulations must make provision for—
(a)calculating income;
(b)calculating capital.
(3)The regulations may also make provision for the following matters (among other matters)—
(a)the treatment, or non-treatment, of amounts of a specified type as income or as capital;
(b)cases or circumstances in which a person is to be treated as having financial resources which exceed a specified level (which may include, for example, cases in which the person being assessed has failed to provide to a local authority, upon request, information or documents in the person’s possession or under the person’s control);
(c)cases or circumstances in which a new financial assessment must or may be carried out.