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3.—(1) In paragraph (1) of regulation 41 of the Income Support Regulations(1) (capital treated as income), after the sum “£8,000” there shall be inserted the words “or, in a case where regulation 45(b)(2) applies, £16,000”.
(2) In paragraph (1) of regulation 104 of the Jobseeker’s Allowance Regulations (capital treated as income), after the sum “£8,000” there shall be inserted the words “or, in a case where regulation 107(b)(3) applies, £16,000”.
(3) There shall be added as—
(a)paragraph (4) of regulation 25 of the Council Tax Benefit Regulations;
(b)paragraph (3) of regulation 28 of the Disability Working Allowance Regulations;
(c)paragraph (4) of regulation 34 of the Housing Benefit Regulations;
(d)paragraph (3) of regulation 25 of the Family Credit Regulations;
(e)paragraph (6) of regulation 41 of the Income Support Regulations;
(f)paragraph (5) of regulation 104 of the Jobseeker’s Allowance Regulations,
the following paragraph—
“Any Career Development Loan paid pursuant to section 2 of the Employment and Training Act 1973 shall be treated as income.”.
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