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National Assistance Act 1948
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3Any capital resources not disregarded by virtue of either of the foregoing paragraphs shall—
(a)so far as their aggregate value does not exceed fifty pounds, be disregarded together with all income therefrom;
(b)so far as their aggregate value exceeds fifty pounds but does not exceed four hundred pounds, be treated as equivalent to a weekly income of sixpence for each complete twenty-five pounds.
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