# The Social Security (Reduced Rates of Class 1 Contributions, Rebates and Minimum Contributions) Order 2006, Article 3: Reduced rates of Class 1 contributions and rebates for money purchase contracted-out schemes


(1) This article applies for the purposes of section 42A of the 1993 Act (reduced rates of Class 1 contributions, and rebates).
(2) For the purposes of section 42A(2) of the 1993 Act (reduction of primary Class 1 contributions), the appropriate flat-rate percentage for each of the relevant tax years is 1.6 per cent.
(3) For the purposes of section 42A(2A) of the 1993 Act (reduction of secondary Class 1 contributions), the appropriate flat-rate percentage for each of the relevant tax years is 1.4 per cent.
(4) For the purposes of section 42A(3) of the 1993 Act (appropriate age-related percentage), the appropriate age-related percentage in respect of an earner for a relevant tax year is the percentage given in the table in Schedule 1 by reference to—
(a) that tax year, and
(b) the age of the earner on the day immediately before the start of that tax year.

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Source: https://www.legislation.gov.uk/ukdsi/2006/0110741609/article/3 (the official version)
Page: https://openlegislation.uk/draft-social-security-reduced-rates-of-class-1-contributions-rebates-and-minimum-contributions-order-2006/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.