7(1)The fixed amount is £10,000.U.K.
(2)If, in a year of assessment, no adjustment falls to be made in the case of an individual—
(a)under sub-paragraph (3), or
(b)under sub-paragraph (4),
the individual’s share of the fixed amount for that year is the fixed amount.
(3)If, in a year of assessment,—
(a)the residence used to provide the foster care from which an individual’s foster care receipts for that year are derived is also used by one or more other individuals for the provision of foster care, and
(b)that other individual, or those other individuals, also have foster care receipts for that year,
each individual’s share of the fixed amount for that year is that amount divided by the total number of individuals who use the residence in that year for the provision of foster care and have foster care receipts for that year. This sub-paragraph is subject to sub-paragraph (4).
(4)If, in a year of assessment, the individual’s income period for his foster care receipts is a period other than a year, the individual’s share of the fixed amount for that year of assessment is found by multiplying the amount that would be his share (apart from this sub-paragraph) by—
where D is the number of days in the individual’s income period.
(5)In this paragraph “residence” means—
(a)a building, or part of a building, which is occupied or intended to be occupied as a separate residence, or
(b)a caravan or houseboat.
(6)If a building or part of a building is designed for permanent use as a single residence, but is temporarily divided into two or more separate residences, it is still treated as a single residence.