Welfare Reform Act 2007

17Income and capital: general

This section has no associated Explanatory Notes

(1)In relation to a claim for an employment and support allowance, the income and capital of a person shall be calculated or estimated in such manner as may be prescribed.

(2)A person’s income in respect of a week shall be calculated in accordance with prescribed rules, which may provide for the calculation to be made by reference to an average over a period (which need not include the week concerned).

(3)Circumstances may be prescribed in which—

(a)a person is to be treated as possessing capital or income which he does not possess;

(b)capital or income which a person does possess is to be disregarded;

(c)income is to be treated as capital;

(d)capital is to be treated as income.

(4)Regulations may provide that a person’s capital shall be deemed for the purposes of this Part to yield him an income at a prescribed rate.