For the purposes of section 3, the financial conditions for a single claimant are that—
the claimant's capital, or a prescribed part of it, is not greater than a prescribed amount, and
the claimant's income is such that, if the claimant were entitled to universal credit, the amount payable would not be less than any prescribed minimum.
For those purposes, the financial conditions for joint claimants are that—
their combined capital, or a prescribed part of it, is not greater than a prescribed amount, and
their combined income is such that, if they were entitled to universal credit, the amount payable would not be less than any prescribed minimum.