OpenLegislation

Regulation 11

Original text. Later amendments are not shown.

In regulation 12 (calculation of earnings-related contributions), for paragraph (1) substitute—

“(1)

Subject to paragraphs (3) and (4), primary and secondary Class 1 contributions under section 6 of the Act (liability for Class 1 contributions) shall be calculated to the nearest penny and any amount of a halfpenny or less shall be disregarded.”.