Regulation 2 Amendment of 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)^f1—

(a)

for the date “6th April 1994” there shall be substituted the date “6th April 1995”; and

(b)

for the sums “£57” and “£430” there shall be substituted respectively the sums “£58” and “£440”.

(3)

In sub-paragraphs (a) and (b) of regulation 115(1) (reduction of rate of Class 1 contributions payable in respect of earnings of serving members of the forces)^f2 for the figure “0.5” in each place where it appears there shall be substituted the figure “0.4”.

(4)

In regulation 123D(1)(b) (special provisions as to volunteer development workers)^f3 for “5.6 per cent.” there shall be substituted “5 per cent.”.

Annotations

Footnotes

f1: The relevant amending instrument is S.I. 1994/563.
f2: The relevant amending instruments are S.I. 1985/1938, 1989/1677 and 1993/281.
f3: Regulation 123D was inserted by regulation 2 of S.I. 1986/485; the relevant amending instruments are S.I. 1989/345, 1990/604, 1991/639 and 1994/563.