For asset test purposes, personal effects and household contents include;

• clothing; jewellery; hobby collections (such as stamps and coins); furniture; paintings and works of art; soft furnishings (curtains etc.); and electrical appliances other than fixtures (such as stoves, light fittings etc).

The following assets are not considered to be personal effects:

• Unmounted gems; collections held for other than purely personal purposes; cars and trailers; and boats and caravans.