Regular payments from a structured settlement which had been awarded as damages in a personal injury action were capital treated as income under the regulations, and the entitlement to income support was to be affected accordingly. The regulations stated that capital payable by installments or income received under an annuity were to be treated as income, and the structured settlement was in the nature of an annuity.
Citations:
Times 03-May-2001, Gazette 01-Jun-2001, [2001] EWCA Civ 498
Links:
Statutes:
Income Support (General) Regulations 1987 (1987 No 1967) 41
Jurisdiction:
England and Wales
Benefits, Damages
Updated: 31 May 2022; Ref: scu.147503