The Social Security (Contributions) Amendment (No. 3) Regulations 1995

• Citation: S.I. 1995/730
• Sections: 3

Section 1 Citation, commencement and interpretation

(1) These Regulations may be cited as the Social Security (Contributions) Amendment (No. 3) Regulations 1995 and shall come into force on 6th April 1995.

(2) In these Regulations “the principal Regulations ” means the Social Security (Contributions) Regulations 1979 and “Schedule 1” means Schedule 1 to the principal Regulations (containing the provisions of the Income Tax (Employments) Regulations 1973 as they apply to earnings–related contributions and Class 1A contributions under the Social Security Act 1975).

Section 2 Revocation of regulation 70 of the principal Regulations

Regulation 70 of the principal Regulations (disapplication of provision allowing repayment supplement to be paid on repaid Class 4 contributions) is hereby revoked.

Section 3 Amendment of Schedule 1

(1) Schedule 1 shall be amended in accordance with the following paragraphs of this regulation.

(2) In Regulation 26A(3) (payment of earnings–related contributions quarterly by employer) for the sum “£450” there shall be substituted the sum “£600”.

(3) In Regulation 27A (specified amount of earnings–related contributions paid by employer) —

(a) in paragraph (1) the words “, despite demand being made,” shall be omitted,

(b) in paragraph (2) for the words from “the amount so unpaid” to the end there shall be substituted the following—

the amount so unpaid—

(a) shall be deemed for the purposes of these Regulations to be an amount of earnings–related contributions which the employer was liable to pay for that income tax period in accordance with Regulation 26 or 26A, and

(b) may be certified by the Collector.

(4) In Regulation 27B (specified amount of Class 1A contributions) —

(a) in paragraph (1) the words “, despite demand being made,” shall be omitted,

(b) in paragraph (2) for the words from “the amount so unpaid” to the end there shall be substituted the following—

the amount so unpaid—

(a) shall be deemed for the purposes of these Regulations to be an amount of Class 1A contributions which the employer was liable to pay in respect of the year in question in accordance with Regulation 26C(1) or (2) or 26D(5), and

(b) may be certified by the Collector.