Finance Act 2003

Valid from 10/07/2003

8 (1) An individual’s amount per child for a year of assessment is found by multiplying— U.K.

(a) the number of weeks during the income period for that year in which the individual provides foster care for that child, by

(b) the weekly amount for that child.

(2) The weekly amount for a child is—

(a) £200 for a week throughout which the child is under 11 years old, and

(b) £250 for a week—

(i) in which the child reaches the age of 11, or

(ii) throughout which the child is 11 years old or over.

(3) Where in the case of any week an individual provides foster care for a child during an income period for part only of the week, that part of a week counts as a whole week for the purposes of this paragraph.

(4) Where an income period begins or ends during a week, that week is to be counted for the purposes of this paragraph as falling within the income period which ends during the week (unless there is no such income period, in which case it falls within the income period which begins during the week).

(5) In this paragraph “week” means any period of seven days beginning with a Monday.