# Childcare Payments Act 2014, Section 21: Calculating the top-up element of payments etc


(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—
R 100 + R × 100where R is the percentage for the time being specified in section 1(4).

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Source: https://www.legislation.gov.uk/ukpga/2014/28/section/21 (the official version)
Page: https://openlegislation.uk/childcare-payments-act-2014/section-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.