Policy

Pensions and allowances

This section contains information on the deeming provisions as they apply to shares investments.

Principal home

The Principal home, is generally the place in which a person resides for the greatest amount of time each year. This must be established in order to assess whether or not a person is a [glossary:homeowner:295].    

This chapter contains the general provisions covering deprivation of income and assets. It explains key principles and covers particular circumstances of deprivation.

See Also

Purpose of GARP

[glossary:GARP:181] is designed to provide accurate and equitable assessment of [glossary:incapacity:350] from war-caused [glossary:injuries:315] and [glossary:diseases:603], in order to ensure that [glossary:veterans:424] receive their rightful entitlement under the [glossary:VEA:373].    

This section demonstrates whether a person in care should be considered to be a homeowner or non-homeowner and provides assessment rules for the different types of care accommodation.

Application of deeming to public unit trusts

Public unit trusts may be listed on the Stock Exchange. Whether listed or not, they are:

• treated as managed investments, and
• subject to deeming.

Public unit trust investments

Public unit trusts are:

Last updated: 5 September 2012

Assessment of a house and curtilage

Last amended: 09 September 2021

Determining the rate for non-blinded ISS recipients