Introductory text

SOCIAL SECURITY

Made 20th February 1990

Coming into force 6th April 1990

Whereas the Secretary of State for Social Security, as a result of ca rrying out in the tax year 198990 a review of the general level of earnings pursuant to subsections (2) and (3) of section 120 of the Social Security Act 1975^f1, has determined that an Order should be made under that section amending Part I of the said Act by altering the rates of Class 2 and Class 3 contributions, the amount of earnings below which an earner may be excepted from liability for Class 2 contributions and the lower and upper limits of profits or gains to be taken into account for Class 4 contributions:

And whereas the Secretary of State, for the purposes of adjusting amounts payable by way of secondary Class 1 contributions, has determined that an Order should be made under section 123A(2) of that Act^f2 amending section 4(6E) of that Act^f3 by altering the weekly earnings figures therein specified:

And whereas a draft of the following Order was laid before Parliament in accordance with the provisions of sections 120(4), 121(2), 123A(6) and 167(1) of that Act^f4 and approved by resolution of each House of Parliament:

Now, therefore, the Secretary of State for Social Security, in conjunction with the Treasury so far as relates to matters with regard to which the Treasury has so directed^f5 in exercise of powers conferred by sections 120(5) and (6), 121(2), and 123A(2) of the said Act and of all other powers enabling him in that behalf, hereby makes the following Order:

Annotations

Footnotes

f1: 1975 c. 14; section 120(2) was amended by the Social Security Pensions Act 1975 (c. 60), section 65 and Schedule 4, paragraph 50(b), and see paragraph 50(a).
f2: Section 123A was inserted by section 7(5) of the Social Security Act 1985 (c. 53) and amended by section 74(1) and (2) of the Social Security Act 1986 (c. 50) and by section 1(6) and (7) of the Social Security Act 1989 (c. 24).
f3: Section 4(6E) was inserted by section 7(2) of the Social Security Act 1985; the relevant instrument amendingsection 4(6E) is S.I.1989/26.
f4: Section 167(1) was amended by the Social Security (Contributions) Act 1981 (c. 1), section 4(5) and the Social Security Act 1986, sections 62
f5: and 74(4).