# National Insurance Contributions Act 2002, Paragraph 16


(1) Section 141 (annual review of contributions) is amended as follows.
(2) In subsection (4)(d), for the words from “section 15(3)” onwards substitute “ subsection (3) of section 15 as the upper limit of profits or gains to be taken into account for the purposes of Class 4 contributions under that section and as the lower limit of profits or gains to be taken into account for those purposes under paragraph (a) of that subsection. ”
(3) In subsection (5)—
(a) for “specified in section 15(3) of the Contributions and Benefits Act” substitute “ referred to in subsection (4)(d) above ”, and
(b) for “18(1) of that Act” substitute “ 18 of the Contributions and Benefits Act ”.

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Source: https://www.legislation.gov.uk/ukpga/2002/19/schedule/1/paragraph/16 (the official version)
Page: https://openlegislation.uk/national-insurance-contributions-act-2002/schedule-1/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.