Page 69 - Bundle for MF Final
P. 69

Bates no   068
                              The global rate shall be reduced pound for pound by any order made by the
                              CMS against the applicant for the benefit of any of the children.


                        25. The global rate shall be reduced by £1,084 in the event both children cease to be
                               privately educated.


                         Payment of Arrears of Maintenance



                         26. The  applicant  shall  pay  to  the  respondent  a  lump  sum  of £28,604.75  in
                               instalments as follows:
                               a) an amount up to an equivalent to 75% of any net bonus received within 14
                                   days of the payment of any bonus. In the event that payment is less than
                                   £28,604.75;
                               b) an amount up to an equivalent of 75% of any further net bonuses received
                                   within  14  days  of  the  receipt  of  the  bonus  until  the  entirety  of  the

                                   £28,604.75 has been paid.
                          27.   The  applicant  shall  provide to  the  respondent  a  letter  from  his  employers
                                confirming whether or not he has received a bonus in the preceding year and if
                                such was received the net amount annually by 30 June each year.


                          28.   It has been agreed that the sum of £28,604.75 represents the total sum of arrears
                                pursued by the respondent and any other arrears claimed to predate this order
                                are remitted.


                          School Fees



                          29.   Paragraph 3 of the order of District Judge Bowman is dismissed.




                          Costs
                          30. There shall be no order as to costs.


                          Liberty to apply
                          31. The  parties  shall  have  liberty  to  apply  to  the  court  concerning  the

                                implementation and timing of the tenns of this order only.










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                           Order 2.1: finam:ial Remedy Order
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