Section 21 Calculating the top-up element of payments etcI1 I2 I3 I4 I5 I6 I7

(1)

For the purposes of this Act the “top-up element” of any amount is an amount equal to the relevant percentage of that amount.

(2)

The “relevant percentage” is the percentage given by—

\frac{R}{100 + R} \times 100

where R is the percentage for the time being specified in section 1(4).

Annotations

I1: S. 21 in force at 14.11.2016 for the purposes of the trial by S.I. 2016/1083, reg. 2(c)
I2: S. 21 in force at 21.4.2017 for specified purposes by S.I. 2017/578, reg. 2
I3: S. 21 in force at 16.5.2017 so far as not already in force in respect of those recruited to participate in the trial by S.I. 2017/578, reg. 4
I4: S. 21 in force at 14.7.2017 for specified purposes by S.I. 2017/750, reg. 2(1)(2)(d)
I5: S. 21 in force at 24.11.2017 for specified purposes by S.I. 2017/1116, reg. 2
I6: S. 21 in force at 15.1.2018 for specified purposes by S.I. 2018/27, reg. 2(1)(3)(4)
I7: S. 21 in force at 14.2.2018 in so far as not already in force by S.I. 2018/27, reg. 2(2)(3)