Regulation 16 Amendment of regulation 67 of the principal Regulations

In regulation 67(2) of the principal Regulations (which deals with the extent of an earner’s liability for Class 4 contributions where primary Class 1 contributions are paid at less than the standard rate) for the words “paid at a rate less” to the end, substitute “paid at less than the primary percentage specified in section 8(2) of the Social Security Contributions and Benefits Act 1992 shall be treated as equal to the amount of any primary Class 1 contributions payable at that percentage on the same amount of earnings.”.