Capital treated as income

2.  There shall be added as—

F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(c)regulation 41(7) of the Income Support Regulations M1;

(d)regulation 104(6) of the Jobseeker’s Allowance Regulations M2,

(which relate to capital treated as income), the following paragraph—

Where an agreement or court order provides that payments shall be made to the claimant in consequence of any personal injury to the claimant and that such payments are to be made, wholly or partly, by way of periodical payments, any such periodical payments received by the claimant (but not a payment which is treated as capital by virtue of this Part), shall be treated as income..

Textual Amendments

Marginal Citations

M1Regulation 41 was amended by S.I. 1988/663 and 1445, 1989/1034 and 1323, 1997/65, 1999/3178, 2000/2545 and 2001/3070.

M2Regulation 104 was amended by S.I. 1997/65, 1999/2860, 2000/2545 and 2001/3070.