Parental contribution
4.—(1) The parental contribution shall, subject to sub-paragraphs (2), (3), and (4) be—
(a)in any case in which the residual income is £15,510 or more but less than £19,825, £45 with the addition of £1 for every complete £12.50 by which it exceeds £15,510;
(b)in any case in which the residual income is £19,825 or more but less than £29,135, £390 with the addition of £1 for every complete £8.95 by which it exceeds £19,825; and
(c)in any case in which the residual income is £29,135 or more, £1,430 with the addition of £1 for every complete £7.20 by which it exceeds £29,135,
reduced in each case in respect of each child of the parent (other than the student) who is wholly or mainly dependent on him on the first day of the year for which the contribution falls to be ascertained, by £75; and in any case in which the residual income is less than £15,510 the parental contribution shall be nil.
(2) The amount or (where a contribution is ascertained in respect of more than one child of the parent) the aggregate amount of the parental contribution shall in no case exceed £5,800.
(3) For any year in which a statutory award is held by—
(a)more than one child of the parent;
(b)the parent; or
(c)the student’s step-parent,
the parental contribution for the student shall be such proportion of any contribution ascertained in accordance with this Part as the authority (after consultation with any other authority concerned) consider just;
(4) Where in any year a student attends only part of his course the parental contribution for that year shall be reduced pro rata.