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Regulation 9 Amendment of the Social Security (Contributions) Regulations 2001

Original text. Later amendments are not shown.

(1)

Schedule 4 is amended as follows.

(2)

In paragraph 11(4)—

(a)

for the formula substitute “(N + P + L + S) − (SP + CD)”;

(b)

in the description of “N” omit paragraph (b);

(c)

in the description of “P” omit “if any adjustment to that amount under regulation 7(2) of the Working Tax Credit (Payment by Employers) Regulations 2002 were disregarded”;

(d)

in the description of “L” omit “and in regulation 7(2) of the Working Tax Credit (Payment by Employers) Regulations 2002”; and

(e)

omit the description of “T”.