If payments of capital are made by instalments the decision
maker has to decide whether each instalment, as it becomes payable,
is to be treated as income or capital. If the applicant or partner
receives instalments of capital the decision maker should
1) total the amount of the instalments outstanding at the
date of application and
2) add to that total all other capital owned or treated as
owned by the applicant.
Note Outstanding instalments also have a separate value; the value of the right to receive them. This value is disregarded under DMG44008(11.3)).
