# The Social Security (Contributions) Amendment (No. 3) Regulations 1996, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations further amend the Social Security (Contributions) Regulations 1979 (“the principal Regulations”).
Regulation 2 amends regulation 5A(2) of the principal Regulations by inserting a new definition of “designated earnings period” where the earner is, or is not, a person in respect of whom minimum contributions are payable in accordance with section 43 of the Pension Schemes Act 1993.
Regulation 3 amends regulation 19(1) of the principal Regulations (payments to be disregarded) by excluding various payments and benefits from the computation of a person’s earnings for the purposes of earnings-related contributions.
Regulation 4 amends regulation 19B(5) of the principal Regulations (disregard of payments to directors) by applying the meaning given to “company” by section 832(1) and (2) of the Income and Corporation Taxes Act 1988.
An assessment of the compliance costs for employers has been made and a copy has been placed in the libraries of both Houses of Parliament. Copies can be obtained by post from the Department of Social Security, Deregulation Unit, 11th Floor, Adelphi, 1-11 John Adam St, London WC2N 6HT.

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Source: https://www.legislation.gov.uk/uksi/1996/700/note (the official version)
Page: https://openlegislation.uk/social-security-contributions-amendment-no-3-regulations-1996/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.