# Enterprise and Regulatory Reform Act 2013, Section 22: Indexation of amounts: timing and rounding

Extent: E+W+S

(1) Section 34 of the Employment Relations Act 1999 (indexation of amounts, etc) is amended as follows.
(2) In subsection (2)—
(a) omit “as soon as practicable”;
(b) at the end insert “ , with effect from the following 6th April ”.
(3) In subsection (3), for the words after “the Secretary of State shall” substitute “ round the result to the nearest whole pound, taking 50p as nearest to the next whole pound above ”.

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Source: https://www.legislation.gov.uk/ukpga/2013/24/section/22 (the official version)
Page: https://openlegislation.uk/enterprise-and-regulatory-reform-act-2013/section-22
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.