Paragraph 21

(1)

Section 143 (power to alter contributions with a view to adjusting the level of the National Insurance Fund) is amended as follows.

(2)

In subsection (1)(c), for “section 11(1)” substitute “ section 11(2) and (6) ”.

(3)

In subsection (3)—

(a)

for “section 11(1)” substitute “ section 11(2) and (6) ”;

(b)

for the words from “amount” to the end substitute “ small profits threshold for the purposes of Class 2 contributions ”.