S.L. 328.3 Art. 5Aggregate annual income.

(1) For the purposes of this Scheme, the income of the applicant shall include:

(a) gross gains or profits from any trade, business, profession or vocation;

(b) gross gains or profits from any employment or office;

(c) gross gains or profits arising from the sale of any property or from the carrying on or carrying out of any profit-making undertaking or scheme;

(d) dividends, interests or discounts;

(e) any pension, charge, annuity or annual payment;

(f) rents, royalties, premiums and any other profits arising from property;

(g) the value of any produce receivable in respect of the use of capital, property, seed or stock for the purpose of husbandry or any share of profits receivable in respect of such use;

(h) any social benefit or allowance;

(i) any gains or profits falling under the descriptions in the foregoing paragraphs of this sub-clause other than those in paragraphs (a) and (b), made by the applicant’s spouse or fiancée/fiancé;

(j) fifty percent (50%) of the gains or profits falling under any of the descriptions in paragraphs (a) and (b) made by the applicant’s spouse or fiancée/fiancé;

(k) any other gains or profits.

(2) Where the applicant, and in the case of a married or engaged couple, the applicant or his spouse or fiancée/fiancé, or both, was or were gainfully occupied as provided in sub-clause (1)(a) and (b) during only a part of the basic year, the gains or profits from such gainful occupation for the whole basic year shall be calculated by projecting the gains or profits made from such gainful occupation during the said part of the basic year by the applicant and/or his spouse or fiancée/fiancé, or by both, as the case may be, for the whole basic year.

(3) The aggregate annual income of the applicant shall be the income of the applicant determined in accordance with the foregoing sub-clauses from which the sum of two thousand and three hundred and twenty-nine euros and thirty-seven cents (€2,329.37) shall be deducted.