The Social Security (Contributions) Amendment (No. 2) Regulations 1993

• Citation: S.I. 1993/281
• Sections: 2

Section 1 Citation, commencement and interpretation

(1) These Regulations may be cited as the Social Security (Contributions) Amendment (No. 2) Regulations 1993 and shall come into force on 6th April 1993.

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

Section 2 Amendment of the principal 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 date of “6th April 1992” there shall be substituted the date of “6th April 1993”; and

(b) for the sums of “£54” and “£405” there shall be substituted respectively the sums of “£56” and “£420”.

(3) In sub-paragraphs (a) and (b) of regulation 115(1) (reduction of rate of Class 1 contributions payable in respect of earnings of serving members of the forces) for the figure “0.4” in each place where it appears there shall be substituted the figure “0.5”.