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14.—(1) This paragraph shall apply in the case of a student with dependants.
(2) The dependants requirement of the student shall, subject to paragraphs 15 and 16, be—
(a)if the student’s spouse holds a statutory award and in calculating payments under it account is taken of the spouse’s dependants requirement, one half of the amount determined in accordance with sub-paragraphs (3) and (4);
(b)in any other case, the whole of the amount so determined.
(3) The amount referred to in sub-paragraph (2) shall be the amount which is
where—
X is the aggregate of the relevant sums specified in sub-paragraph (4);
Y is the aggregate of the income of the student’s dependants;
Z is so much of the sum ascertained by multiplying £730 by the number of his dependants as does not exceed Y.
(4) The relevant sums referred to in sub-paragraph (3) are—
(a)except where the student has a spouse who is the holder of a relevant award, £1,690; and
(b)in respect of each dependent child—
(i)under the age of 11 immediately before the beginning of the academic year, or born during that year, £355;
(ii)then aged 11 or over, but under 16, £710;
(iii)then aged 16 or over, but under 18, £935;
(iv)then aged 18 or over, £1,350; except that the only or eldest dependent child shall be disregarded for the purposes hereof if the student has neither an adult dependant nor a spouse who is, or but for paragraph 13(2) would be, a dependant
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