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81.—(1) Where the benefit cap applies in relation to an assessment period for an award of universal credit, the amount of the award for that period is to be reduced by—
(a)the excess; minus
(b)any amount included in the award for the childcare costs element in relation to that assessment period.
(2) But no reduction is to be applied where the amount of the childcare costs element is greater than the excess.
(3) The excess is the total amount of welfare benefits that the single person or the couple are entitled to in the reference period, minus the relevant amount applicable under regulation 79(3).