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5.—(1) A party’s disposable monthly income is the gross monthly income of the party for the month in which the fee becomes payable (“the period”) less the deductions referred to in sub-paragraphs (2) and (3).
(2) There are to be deducted from the gross monthly income—
(a)income tax paid or payable in respect of the period;
(b)any contributions estimated to have been paid under Part 1 of the Social Security Contributions and Benefits Act 1992 in respect of the period;
(c)either—
(i)monthly rent or monthly payment in respect of a mortgage debt or hereditable security, payable in respect of the only or main dwelling of the party, less any housing benefit paid under the Social Security Contributions and Benefits Act 1992; or
(ii)the monthly cost of the living accommodation of the party;
(d)any child care costs paid or payable in respect of the period;
(e)if the party is making bona fide payments for the maintenance of a child who is not a member of the household of the party, the amount of such payments paid or payable in respect of the period; and
(f)any amount paid or payable by the party, in respect of the period, in pursuance of a court order.
(3) There will be deducted from the gross monthly income an amount representing the cost of living expenses in respect of the period being—
(a)£296; plus
(b)£228 for each child of the party; plus
(c)£150, if the party has a partner.
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