# The Statutory Sick Pay (Additional Compensation of Employers) Amendment Regulations 1987, Regulation 3: Substitution for regulation 3 of the principal regulations


For regulation 3 of the principal regulations (determination of amount) there shall be substituted the following regulation—
“3 In respect of a payment of statutory sick pay made in the tax year commencing 6th April 1987, an employer shall be entitled under regulation 2 to an amount equal to 7 per cent. of the payment, that percentage being the total amount of secondary Class 1 contributions estimated by the Secretary of State as to be paid in respect of statutory maternity pay and statutory sick pay by all employers in that year, expressed as a percentage of the total amount of statutory maternity pay and statutory sick pay estimated by him to be paid by all employers in that year.”.

---
Source: https://www.legislation.gov.uk/uksi/1987/92/regulation/3 (the official version)
Page: https://openlegislation.uk/statutory-sick-pay-additional-compensation-of-employers-amendment-regulations-1987/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.