Regulation 2 Amendment of regulation 2(1) of the principal Regulations

In regulation 2(1) of the principal Regulations (interpretation) for the definition of“relevant earnings factor”there shall be substituted the following definition—

“in relation to any benefit, means—

(a)

if the contributions relevant to that benefit under section 13 are Class 1 contributions, the earnings factor derived from earnings upon which primary Class 1 contributions have been paid or treated as paid, or credited earnings;

(b)

if the contributions relevant to that benefit under section 13 are Class 1 and Class 2 contributions, the earnings factor or the aggregate of the earnings factors derived from—

(i)

earnings upon which primary Class 1 contributions have been paid or treated as paid, or credited earnings, and

(ii)

Class 2 contributions;

(c)

if the contributions relevant to that benefit under section 13 are Class 1, Class 2 and Class 3 contributions, the earnings factor or the aggregate of the earnings factors derived from—

(i)

earnings upon which primary contributions have been paid or treated as paid, or credited earnings,

(ii)

Class 2 contributions, and

(iii)

Class 3 contributions paid or credited”.