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SCHEDULE 7N.I.Capital to be disregarded

Modifications etc. (not altering text)

PART IN.I.Capital to be disregarded generally

12.  The value of any funeral plan contract; and for this purpose, “funeral plan contract” means a contract under which—N.I.

(a)the claimant makes one or more payments to another person (“the provider”);

(b)the provider undertakes to provide, or secure the provision of, a funeral in the United Kingdom or in the Republic of Ireland for the claimant on his death; and

(c)the sole purpose of the plan is to provide or secure the provision of a funeral for the claimant on his death.

Commencement Information

I1Sch. 7 para. 12 in operation at 20.11.2006, see reg. 1(1)