{
  "url": "https://openlegislation.uk/social-security-contributions-amendment-no-5-regulations-2001/note",
  "json_url": "https://openlegislation.uk/social-security-contributions-amendment-no-5-regulations-2001/note.json",
  "legislation": "uksi/2001/2412",
  "legislation_title": "The Social Security (Contributions) (Amendment No. 5) Regulations 2001",
  "legislation_url": "https://openlegislation.uk/social-security-contributions-amendment-no-5-regulations-2001",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the Social Security (Contributions) Regulations 2001(S.I. 2001/1004).\nRegulation 1 provides for the citation and commencement of these Regulations.\nRegulation 2 introduces the amendments made by these Regulations to the Social Security (Contributions) Regulations 2001, which are made by regulations 3 to 5.\nRegulation 5 amends Schedule 3 (payments to be disregarded in the calculation of earnings for the purposes of earnings-related contributions). Paragraph (2) amends the provisions of Part V (non-cash vouchers) to introduce a disregard for a non-cash voucher which can be used only to obtain a meal subject to a maximum of 15p per voucher and £1.05 per week. Paragraph (3) amends Part IX (share incentives) to add a disregard for share options granted on or after 6th April 1999 and which are only capable of being exercised within ten years of the grant. Paragraph (4) amends Part X (miscellaneous and supplemental) by adding a disregard in respect of payments of rewards by issuers of charge, cheque, credit and debit cards for the provision of assistance in respect of the recovery or identification of such a card which has been lost or stolen. Regulations 3 and 4 make amendments consequential on those made by regulation 5 (2) and (4).\nRegulation 6 revokes three instruments which amended the Social Security (Contributions) Regulations (Northern Ireland) 1979 (S.R. 1979 No. 186). Consequent on the consolidation of both those Regulations and the Social Security (Contributions) Regulations 1979 (S.I. 1979/591) by the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004), these instruments are spent.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2001/2412/note",
    "retrieved_at": "2026-10-29T07:45:00.239156+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."
}