OpenLegislation

Introductory text

Original text. Later amendments are not shown.

PENSIONS

Made 6th December 1988

Laid before Parliament 9th December 1988

Coming into force 1st January 1989

Whereas the revaluation percentages specified in column 3 of the Schedule to the following Order (“the Schedule”) are the percentages which appear to the Secretary of State, in the light of information available to him, to be the percentage increases in prices in Great Britain during the periods specified in column 2 of the Schedule (“the reference periods”)f1;

And whereas the first period so specified is the reference period (relating to the revaluation period with the earliest commencement date set out in column 1 of the Schedule) beginning at the commencement of the reference period to which the first Order (“the first Order”)f2 under section 52A of the Social Security Pensions Act 1975f3 related, and ending on the latest anniversary of the end of that period, to fall before the making of the following Orderf4;

And whereas each reference period (relating to the revaluation period set opposite to it in column 1 of the Schedule) is the reference period beginning on the last anniversary of the commencement of the reference period to which the first Order related to fall before the commencement of the revaluation period to which it relates, and ending on the last anniversary of the end of that reference period to fall before the making of the following Orderf5;

Now, therefore, the Secretary of State for Social Security, in exercise of the powers conferred by section 52A(1) of the Social Security Pensions Act 1975 and of all other powers enabling him in that behalf, hereby makes the following Order:

Annotations

Footnotes

f1

See section 52A(3) of the Social Security Pensions Act 1975 (c. 60).

f2

S.I. 1986/2070.

f3

1975 c. 60; section 52A was inserted by section 2 of, and paragraph 2 of Schedule 1 to, the Social Security Act 1985 (c. 53).

f4

See section 52A(6) of the Social Security Pensions Act 1975.

f5

See section 52A(7) of the Social Security Pensions Act 1975.