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SCHEDULE 2E+WCapital to be disregarded

1.—(1) Where A is a temporary resident but not a prospective resident, the value of A ’s main or only home in circumstances where—E+W

(a)A is taking reasonable steps to dispose of the dwelling in order that they may acquire another dwelling which they intend to occupy as their main or only home; or

(b)A intends to return to occupy that dwelling as their main or only home and the dwelling is still available to them.

(2) Where A is a temporary resident who is a prospective resident, the value of A’s main or only home in circumstances where A intends, on being provided with or securing in fact accommodation in accordance with the Act—

(a)to take reasonable steps to dispose of the dwelling in order that they may acquire another dwelling which they intend to occupy as their main or only home; or

(b)to return to occupy that dwelling as their main or only home and the dwelling to which A intends to return is available to them.

Commencement Information

I1Sch. 2 para. 1 in force at 6.4.2016, see reg. 1(2)