The Social Security (Contributions) Amendment Regulations 1988

• Citation: S.I. 1988/299
• Sections: 4

Section 1 Citation, commencement and interpretation

(1) These Regulations may be cited as the Social Security (Contributions) Amendment Regulations 1988 and shall come into force on 6th April 1988.

(2) In these Regulations, “the principal Regulations ” means the Social Security (Contributions) Regulations 1979 .

Section 2 Amendment to Regulations

(1) The principal Regulations shall be further amended in accordance with the following provisions of this regulation.

(2) In regulation 7 (lower and upper earnings limits for Class 1 contributions)—

(a) for the words “6th April 1987” there shall be substituted the words “6th April 1988”, and

(b) for the figures “£39” and “£295” there shall be substituted respectively the figures “£41” and “£305”.

(3) In regulation 115(1) (reduction of rate of Class 1 contributions payable in respect of earnings of serving members of the forces)—

(a) in sub-paragraph (a), for the figure “0.9” in each place where it appears there shall be substituted the figure “0.8”;

(b) in sub-paragraph (b), for the figure “0.95” there shall be substituted the figure “0.85”.

Section 3 Revocations

There are hereby revoked regulation 133 of the principal Regulations (reduction of rate of Class 1 contributions payable in respect of earnings of registered dock workers), the Social Security (Contributions, Re-rating) Consequential Amendment Regulations 1980 , the Social Security (Contributions) Amendment ( No. 7) Regulations 1983 and the Social Security (Contributions) Amendment Regulations 1987 .

Section 4 Transitional

In respect of earnings paid or treated as paid before 6th April 1988 the provisions of the principal Regulations shall apply as if these Regulations had not come into force notwithstanding that calculation of contributions falls to be made after 5th April 1988.