Explanatory note

Section 52A of the Social Security Pensions Act 1975 (inserted by section 2 of, and Schedule 1 to, the Social Security Act 1985) defines the terms “revaluation period” and “revaluation year” and requires the Secretary of State to specify by order, in each revaluation year, a “revaluation percentage” for each revaluation period.

This order, made in the first revaluation year (1st January to 31st December 1986), specifies the revaluation percentage for the revaluation period 1st January to 31st December 1986 as being 3 per cent.