Article 3 Consequential provision
In paragraph 2(2) of Schedule 3 to the Social Security Pensions Act 1975f1 (priority in bankruptcy: employer’s contributions to an occupational pension scheme), so far as the percentages specified in that paragraph apply in relation to earnings paid or payable as from 6th April 1993 the following alterations shall be made–
(a)
for the figure “5.8” there shall be substituted “4.8”; and
(b)
for the figure “3.8” there shall be substituted “3.0”.
Annotations
Footnotes
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Paragraph 2(2) was amended by the Social Security Act 1985 (c. 53), Schedule 5, paragraph 36; by the Social Security Act 1986 (c. 50), Schedule 2, paragraph 12(b); by the Insolvency Act 1985 (c. 65), Schedule 8, paragraph 26(4); and by S.I. 1987/656, article 3.