PART 5

CHARGING AND FINANCIAL ASSESSMENT

Charging for meeting needs

Regulations about financial assessments
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1
Regulations must make provision for and in connection with carrying out financial assessments.
2
The regulations must make provision for—
a
calculating income;
b
calculating capital.
3
The regulations may also make provision for the following matters (among other matters)—
a
the treatment, or non-treatment, of amounts of a specified type as income or as capital;
b
cases or circumstances in which a person is to be treated as having financial resources which exceed a specified level (which may include, for example, cases in which the person being assessed has failed to provide to a local authority, upon request, information or documents in the person’s possession or under the person’s control);
c
cases or circumstances in which a new financial assessment must or may be carried out.