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20.500.12592/bsqvw1

OLD AGE PENSIONS. TREATMENT OF CAPITAL BY THE ASSISTANCE BOARD. Note by Chancellor of the Exchequer.

16 Jul 1942

Treatment of Capital by the Assistance Board Special rules for the treatment of capital were first introduced ###n connection with transitional payments in 1931. Originally transitional payments were paid under poor law conditions under which person must exhaust his resources before he can obtain relief. It was felt that this condition WSS too severe in its application to transitional payments, and the existing rule was designed to relax it while preserving the general position that a person cannot reasonably expect to be maintained at the expense o public funds and keep his capital intact.
Civil Defence Region
Nationwide
Collection ID
CAB71
Document Reference
CAB 71/9/54
Document Types
Memorandum
File Reference
CAB 71/9
Former Department Reference
LP(42) 157
Identifier
10.1080/wtss.cab71.000009.054
Keywords
Family Finance Old Age Pensions Savings Wages Welfare Wives
Language
English
Organizations Discussed
Assistance Board HM Treasury Lord President's Committee
Pages
2
Published in
United Kingdom
Series
Papers Nos. 106(42) - 200(42)
Themes
Preparations for War Peace Health Welfare