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4. At the end of Schedule 4 to the principal regulations (capital to be disregarded), after paragraph 21(1), there shall be added the following new paragraphs—
“22.—(1) In the case of a resident who becomes a permanent resident on or after 22nd April 2002 the value of any dwelling which he would otherwise normally occupy as his only or main residence; but only for a period of 12 weeks beginning with the day on which he becomes a permanent resident.
(2) In the case of a resident who has had capital disregarded under sub-paragraph (1) in respect of a period of permanent residence (the first period of residence) who, having ceased to be such a resident, subsequently becomes a permanent resident again and does so within 52 weeks of the end of the first period of residence the value of any dwelling which he would otherwise normally occupy as his only or main residence; but only for such period (if any) when added to the period disregarded in respect of the first period of residence which does not exceed 12 weeks in total.
(3) In the case of a resident who has had capital disregarded under sub-paragraph (1) in respect of a period of permanent residence (the first period of residence) who, having ceased to be such a resident, subsequently becomes a permanent resident again and does so more than 52 weeks after the end of the first period of residence the value of any dwelling which he would otherwise normally occupy as his only or main residence; but only for a period of 12 weeks beginning with the day on which the second period of residence began”.
Paragraphs 20 and 21 were added by regulation 4 of S.R. 2001 No. 205
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