# Social Security Act 1975, Section 124: Power to increase rates of benefit


(1) The Secretary of State may by order increase any of the sums specified in—
(a) Schedule 4 to this Act;
(b) Schedule 6 to this Act, paragraphs 3(1)(a)(i) and (ii) (calculation of earnings-related supplement and addition) ; and
(c) sections 2(6)(c) and 7(2)(b) of the Old Cases Act;
(d) sections 30(1) and (2), 45(3) and (4), 66(4) and (5) of this Act (earnings rules).
(2) No order shall be made under this section unless a draft of it has been laid before, and approved by a resolution of, each House of Parliament.
(3) The Secretary of State shall lay with any draft order under this section a copy of a report by the Government Actuary giving the latter's opinion on the likely effect on the National Insurance Fund of the making of the order.

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Source: https://www.legislation.gov.uk/ukpga/1975/14/section/124 (the official version)
Page: https://openlegislation.uk/social-security-act-1975/section-124
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.