Regulation 4 Amendment of regulations 19 and 25 of the principal Regulations

Regulation 25 (earnings for the purposes of certificates of exception) shall be amended as follows.

In paragraph (2)^f1 for sub-paragraph (b) there shall be substituted the following sub-paragraph—

“(b)

in calculating those net earnings—

(i)

where the applicant also has earnings from employed earner’s employment in the same year which are shown in the accounts of his business as a receipt of that business, or

(ii)

where the applicant, as a participant in the scheme arranged under section 1 of the Employment and Training Act (Northern Ireland) 1950 and known as “New Deal 50plus”, has received payments of an employment credit, or a training grant, under that scheme,

those earnings or payments shall be disregarded.”