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Regulation 78 Employer’s contributionsI1

England, Wales and Scotland Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

An employing authority must contribute to the appropriate fund in each year covered by a rates and adjustments certificate under regulation 76 or 77 the amount appropriate for that authority as calculated in accordance with the certificate and paragraph (4).

(2)

During each of those years an employing authority must make payments to the appropriate fund on account of the amount required for the whole year.

(3)

Those payments on account must–

(a)

be paid at the end of the intervals determined under regulation 80(1); and

(b)

equal the appropriate proportion of the whole amount due under paragraph (1) for the year in question.

(4)

An employer’s contribution for any year is the common percentage for that year of the pay on which contributions have during that year been paid to the fund under Part II by employees who are active members (other than contributions under regulation 17(3)), increased or reduced by any individual adjustment specified for that employer for that year in the rates and adjustments certificate.

(5)

The common percentage is the common rate of employer’s contribution specified in that certificate, expressed as a percentage.

Annotations

Commencement

I1

Reg. 78 in force at 1.4.1998, see reg. 1