Supplementary Benefit (Resources) Amendment (No. 2) Regulations 1985
| Year | 1985 |
1985 No. 1246
SOCIAL SECURITY
The Supplementary Benefit (Resources) Amendment (No. 2) Regulations 19852ndAugust 1985
5thAugust 1985
The Secretary of State for Social Services, with the consent of the Treasury(a), in exercise of the powers conferred on him by sections 2(2) and 34(1)(b) of, and paragraph 1(2) of Schedule 1 to the Supplementary Benefits Act 1976(c) and of all other powers enabling him in that behalf, after agreement by the Social Security Advisory Committee that proposals to make these regulations should not be referred to it(d), hereby makes the following regulations of which a draft has, in accordance with section 33(3) of that Act, been laid before Parliament and approved by resolution of each House of Parliament:—
Citation and commencement
1. These regulations may be cited as the Supplementary Benefit (Resources) Amendment (No. 2) Regulations 1985 and shall come into operation on 5th August 1985.
Amendment of the Supplementary Benefit (Resources) Regulations 1981
2.—(1) The Supplementary Benefit (Resources) Regulations 1981(e) shall be amended in accordance with the following provisions of this regulation.
(2) In regulation 6(1) (capital resources to be disregarded) the following sub-paragraph shall be added after sub-paragraph (k)—
"(l) the value of the right to receive any payment under a life interest, or, in Scotland, from a liferent, or under a fixed term annuity, together with the surrender value of any life policy forming part of such a life interest, liferent or fixed term annuity as the case may be.".
(a) See section 33(3) of the Supplementary Benefits Act 1976 (c.71).
(b) See the definitions of "prescribed" and "regulations".
(c) 1976 (c.71), as amended by section 6(1) of and Part I of Schedule 2 to the Social Security Act 1980 (c.30).
(d) See section 10(2)(b) of the Social Security Act 1980.
(e) S.I. 1981/1527; the relevant amending instruments are S.I. 1982/1125, 1983/505 and 1240.
(3) In regulation 10(3) (calculation of earnings) the following sub-paragraphs shall be added after sub-paragraph (f)—
"(g) any income which falls to be treated as earnings under the preceding paragraphs and which is derived from any employment, and which is payable, in any country outside the United Kingdom, for such period during which those earnings may not be remitted to the United Kingdom by virtue of any legislative or administrative prohibition;
(h) any earnings whereby a person is treated, by virtue of regulation...
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