{
  "url": "https://openlegislation.uk/social-security-contributions-amendment-no-4-regulations-1995/regulation-2",
  "json_url": "https://openlegislation.uk/social-security-contributions-amendment-no-4-regulations-1995/regulation-2.json",
  "legislation": "uksi/1995/1003",
  "legislation_title": "The Social Security (Contributions) Amendment (No. 4) Regulations 1995",
  "legislation_url": "https://openlegislation.uk/social-security-contributions-amendment-no-4-regulations-1995",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Amendment of regulation 18 of the principal Regulations",
  "text": "In regulation 18 of the principal Regulations (calculation of earnings)—\n(a) in paragraph (2) for the words“or (8)” there shall be substituted the words “, (8) or (9)”;\n(b) after paragraph (8) there shall be added the following paragraph—\n“(9) The amount of earnings which is comprised in any payment by way of the conferment of a beneficial interest in any asset, including any voucher, falling within paragraph 9C of Schedule 1A to these Regulations and which falls to be taken into account in the computation of a person’s earnings shall, for the purposes of earnings-related contributions, be calculated or estimated by reference to the amount obtainable under the trading arrangements in question as if that amount were obtained on the day on which the beneficial interest was conferred.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "The relevant amending instruments are S.I. 1991/2505, 1993/2925 and 1994/2194."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/1003/regulation/2",
    "retrieved_at": "2026-10-29T13:11:23.251402+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}