PART IV INCOME AND CAPITAL

CHAPTER VII STUDENTS

41 Relationship with amounts to be disregarded under Schedule 2
No part of a student's covenant income or grant income shall be disregarded under paragraph 13 of Schedule 2 and any other income to which sub-paragraph (1) of that paragraph applies shall be disregarded thereunder only to the extent that the amount disregarded under regulation 39(2)(b) (calculation of covenant income where a contribution is assessed) or, as the case may be, 40(1)(c) (covenant income where no grant income or no contribution is assessed) is less than £20.
Words in reg. 41 substituted (10.4.1990) by Family Credit (General) Amendment Regulations 1990 (S.I. 1990/574), reg. 1(1), 13(a)
Word in reg. 41 substituted (9.4.1996) by The Income-related Benefits Schemes (Miscellaneous Amendments) Regulations 1996 (S.I. 1996/462), regs. 1(5), 8(e)