PART 6

Assessment of household income and capital
CHAPTER 5

Capital

Capital disregarded
69
1
Any capital specified in schedule 4 is to be disregarded from the calculation of an applicant’s capital (see also regulations 74 to 76).
2
Where a period of 6 months is specified in that schedule, that period may be extended by a relevant authority where it is reasonable to do so in the circumstances of the case.
3
For the purposes of paragraph (2), notwithstanding the circumstances of the case, it is reasonable for the relevant authority to extend a period of 6 months where—
a
an applicant has an award of universal credit, and
b
the Secretary of State has extended a period of 6 months specified in an equivalent provision in schedule 10 of the 2013 Regulations (in accordance with regulation 48 of those Regulations).
Reg. 69 in force at 1.4.2022, see reg. 1