Regulation 125 Modification in relation to share fishermen of Part I of the Act and so much of Part VI of the Act as relates to contributions

employment as a share fisherman shall be employment as a self-employed earner notwithstanding that it is not employment in the United Kingdom;

F1as respects a share fisherman being treated as having actually paid Class 2 contributions under section 11(5B) of the Act (class 2 contributions treated as paid) in respect of his employment as a share fisherman, regulation 117(1)(a) and (b) and (2) shall apply as if the share fisherman were a mariner and as if the reference in regulation 117(1) to an employed earner were a reference to a self-employed earner and as if the words “or on behalf, or in respect, of” were omitted;

for the purposes of entitlement to a contribution-based job seeker’s allowance, the weekly rate of any Class 2 contribution payable F2, or which is treated as having actually been paid under section 11(5B) of the Act (Class 2 contributions treated as paid), by a share fisherman for any contribution week while he is ordinarily employed as a share fisherman shall, notwithstanding the provisions of F3F4section 11(6) of the Act (Class 2 contributions), be F5£4.30;

regulations 21, 100 and 108 shall apply to contributions payable at the weekly rate specified in paragraph (c) of this regulation as if references in those regulations to Class 2 contributions included, as may be appropriate, references to Class 2 contributions at that rate;

regulation 43 shall apply to a share fisherman as if there were included at the end of paragraph (1)(a) of that regulation the words “or is entitled to a contribution-based jobseeker’s allowance or, but for a failure to satisfy the contribution conditions for that benefit, would be so entitled”;

insofar as Class 4 contributions in respect of the profits or gains of a share fisherman in respect of his employment as such are not collected by the Board under section 16 of the Act F6 (assessment and collection, etc. of Class 4 contributions) regulations 103 to 110 shall apply as if the share fisherman were a person to whom section 18(1)(a) and (b) of the Act applied (Class 4 contributions for persons treated under section 2(2)(b) of the Act as self-employed earners)F7; and

for the purposes of section 12 of the Act F8 and for the purposes of that section as modified by regulations 63 to 65, where an earner was a share fisherman when F9the earner became entitled to pay Class 2 contributions, any reference in section 12 to an ordinary contribution, and any reference in those regulations to the weekly applicable rate of a contribution, shall be a reference to the rate of Class 2 contributions prescribed for a share fisherman.