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Regulation 14 Reference income

Original text. Later amendments are not shown.

For the purposes of these Regulations the appropriate Minister shall determine in respect of each calendar year–

(a)

a reference income per labour unit, which shall not exceed the average earnings of full-time workers in occupations other than agriculture;

(b)

a percentage increase in the reference income, having regard to the average annual increase during the preceding five years in the earnings of full-time workers in occupations other than agriculture after adjustment for changes in retail prices.