Regulation 48 Prescribed amount of earnings

The prescribed amount of earnings for the purposes of section 2(1)(c) of the Act (the contribution-based conditions) is to be calculated by applying the formula—

$$(A+\text{}D)-\pounds 0.01$$

• where—

• A is the age-related amount applicable to the claimant for the purposes of section 4(1)(a) of the Act^f1; and

• D is any amount disregarded from the claimant’s earnings in accordance with the Schedule to these Regulations and either regulation 59(2) (calculation of net earnings of employed earners) or regulation 61(2) (calculation of net profit of self-employed earners).