# The Social Security (Contributions) Amendment (No. 2) Regulations 1992, Regulation 2: Amendment to the principal Regulations


(1) The principal Regulations shall be further amended in accordance with the following provisions of this regulation.
(2) In regulation 7 (lower and upper earnings limits for Class 1 contributions)—
(a) for the date of “6th April 1991” there shall be substituted the date of “6th April 1992”; and
(b) for the sums of “ £52” and “ £390” there shall be substituted respectively the sums of “ £54” and “ £405”.
(3) In regulation 115(1) (reduction of rate of Class 1 contributions payable in respect of earnings of serving members of the forces)—
(a) in sub-paragraph (a), for the figure “0.6” in each place where it appears there shall be substituted the figure “0.4”; and
(b) in sub-paragraph (b), for the figure “0.7” there shall be substituted the figure “0.4”.

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Source: https://www.legislation.gov.uk/uksi/1992/318/regulation/2 (the official version)
Page: https://openlegislation.uk/social-security-contributions-amendment-no-2-regulations-1992/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.