Regulation 24 Phasing amount

In this Part “phasing amount" means, for the year beginning on the case conversion date, the relevant figure provided in paragraph (2), and for each subsequent year the phasing amount for the previous year aggregated with the relevant figure.

The relevant figure is—

F1Subject to F2paragraphs (4) F3, (5) and (6), for the purposes of paragraph (2), the “relevant income" is the net weekly income of the non-resident parent taken into account in the conversion decision.

Where the new amount is calculated under regulation 22(1), “relevant income” for the purposes of paragraph (2) is the aggregate of the income calculated under regulation 22(1)(b).

Where the new amount is calculated under regulation 26(1) of the Variations Regulations, the “relevant income” for the purposes of paragraph (2) is the additional income arising under the variation.

Where a subsequent decision is made the effective date of which is the case conversion date—