The Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 2017

Publication Date:January 01, 2017
 
FREE EXCERPT

2017No. 416

SOCIAL SECURITY

The Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 2017

Made at 4.00 p.m. on15thMarch2017

Laid before Parliament16thMarch2017

Coming into force6thApril2017

These Regulations are made by the Treasury in exercise of the powers conferred by sections 117(1) and 175(3) of the Social Security Contributions and Benefits Act 1992( 1) and by sections 117(1) and 171(3) and (10) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992( 2).

The Secretary of State and the Department for Communities concur in the making of these Regulations.

These Regulations contain only provisions in consequence of an instrument made under section 141 of the Social Security Administration Act 1992( 3) and section 129 of the Social Security Administration (Northern Ireland) Act 1992( 4).

Citation and commencement

1.—(1) These Regulations may be cited as the Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 2017.

(2) These Regulations come into force on 6th April 2017 immediately after the coming into force of the Social Security (Contributions) (Rates, Limits and Thresholds Amendments and National Insurance Funds Payments) Regulations 2017( 5).

Amendment to the Social Security (Contributions) Regulations 2001

2. In regulation 125(c) of the Social Security (Contributions) Regulations 2001( 6) (modification of provisions of the Social Security Contributions and Benefits Act 1992 in relation to share fishermen), for ‘£3.45’ substitute ‘£3.50’.

At 4.00 p.m. on 15th March 2017

David Evennett

Andrew Griffiths

Two of the Lords Commissioners of Her Majesty's Treasury

The Secretary of State concurs.

Signed by authority of the Secretary of State for Work and Pensions.

At 2.10 p.m. on 15th March 2017

Richard Harrington

Minister of State

Department for Work and Pensions

The Department for Communities concurs.

Sealed with the Official Seal of the Department for Communities on 15th March 2017

At 2.06 p.m. on 15th March 2017

Maeve Walls

A senior officer of the Department for Communities

EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend the Social Security (Contributions) Regulations 2001 ( S.I. 2001/1004) (‘the Contributions Regulations’) with effect from 6th April 2017. They are made in consequence of annual regulations increasing the rate at which Class 2 National Insurance contributions are payable and which are made...

To continue reading

REQUEST YOUR TRIAL