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The Social Security (Contributions) (Amendment No. 6) Regulations 2003

S.I. 2003/2340 · Made 10 September 2003

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

SOCIAL SECURITY

Made 10th September 2003

Laid before Parliament 10th September 2003

Coming into force 1st October 2003

The Treasury, with the concurrence of the Secretary of State, in exercise of the powers conferred upon them by section 3(2) and (3) of the Social Security Contributions and Benefits Act 1992f1, make the following Regulations:

Annotations to the whole text

Footnotes

f1

1992 c. 4. Relevant amendments to section 3 were made by paragraph 3 of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2).

Contents

  1. 1Citation and commencement
  2. 2Amendment of the Social Security (Contributions) Regulations 2001
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the Social Security (Contributions) (Amendment No. 6) Regulations 2003 and shall come into force on 1st October 2003.

2Amendment of the Social Security (Contributions) Regulations 2001

(1)

Amend Part 7 of Schedule 3 to the Social Security (Contributions) Regulations 2001f1 as follows.

(2)

In paragraph 1 (payments in respect of training and similar payment disregarded) for “Paragraphs 5,6 and 7” substitute “Paragraphs 5 to 9”.

(3)

After paragraph 7 add—

“Employment Retention and Advancement payments

8.

A payment made to a participant in an Employment Retention and Advancement Scheme, arranged under section 2(1) of the Employment and Training Act 1973f2, in his capacity as such.

Incapacity Benefit Return to Work Credit payments

9.

A payment by way of Incapacity Benefit Return to Work Credit.”.

Signature

John Heppell

Jim Murphy

Two of the Lords Commissioners of Her Majesty’s Treasury

10th September 2003

The Secretary of State concurs

Chris Pond

Parliamentary Under Secretary of State,

Department for Work and Pensions

9th September 2003

Explanatory note

(This note is not part of the Regulations)

These Regulations amend the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004). They provide for payments made under the Employment Retention and Advancement Scheme and payments by way of Incapacity Benefit Return to Work Credit to be disregarded when calculating a person’s earnings for the purposes of determining Class 1 National Insurance Contributions liability.

Regulation 1 provides for the citation and commencement of the Regulations.

Regulation 2 amends the 2001 Regulations, adding paragraphs 8 and 9 in Part 7 of Schedule 3 to those Regulations. It also makes an amendment to paragraph 1 of that Part reflecting the fact that the amendments made by these Regulations do not extend to Northern Ireland.