Continuation of Tenancies (Means Testing Criteria)

L.N. 396 of 2018

L.N. 396 of 2018

CIVIL CODE

(CAP. 16)

Continuation of Tenancies (Means Testing Criteria)

(Amendment No. 2) Regulations, 2018

IN EXERCISE of the powers conferred by articles 1531F and

1622A of the Civil Code the Minister for Family, Children’s Rights

and Social Solidarity, following consultation with the Minister for

Finance, has made the following regulations

These regulations may be cited as the Continuation of

Tenancies (Means Testing Criteria) (Amendment No. 2) Regulations,

2018 and they shall be read and construed as one with the Continuation

of Tenancies (Means Testing Criteria) Regulations, hereinafter referred

to as the ''principal regulations''.

In regulation 5 of the principal regulations immediately

after sub-regulation (6) thereof there shall be added the following new

sub-regulation

"(7) For a person who is seventy-five (75) years of age or

older to meet the income criteria of the means test, the income of

the said person shall not exceed fifty thousand euro (€50,000).".

In regulation 6 of the principal regulations immediately

after sub-regulation (5) thereof there shall be added the following new

sub-regulation

"(6) For a person who is seventy-five (75) years of age or

older to meet the capital criteria of the means test the capital of

such person shall not exceed six hundred thousand euro

(€600,000).".

€0.09