# The Social Security (Class 1 Contributions – Contracted-out Percentages) Order 1992, Article 3: Consequential provision


In paragraph 2(2) of Schedule 3 to the Social Security Pensions Act 1975 (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”.

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Source: https://www.legislation.gov.uk/uksi/1992/795/article/3 (the official version)
Page: https://openlegislation.uk/social-security-class-1-contributions-contracted-out-percentages-order-1992/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.