The Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 2008
Made
Laid before Parliament
Coming into force
12th March 2008
13th March 2008
6th April 2008
The Treasury, with the concurrence of the Secretary of State, in exercise of the powers conferred upon them by sections 117(1) and 175(3) of the Social Security Contributions and Benefits Act 1992(1), and with the concurrence of the Department for Social Development, in exercise of the powers conferred upon them by sections 117(1) and 171(3) and (10) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992(2), by this instrument, which contains only provisions in consequence of an order under section 141 of the Social Security Administration Act 1992(3) and section 129 of the Social Security Administration (Northern Ireland) Act 1992(4), make the following Regulations:
These Regulations may be cited as the Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 2008.
(2)
These Regulations shall come into force on 6th April 2008 immediately after the coming into force of the Social Security (Contributions) (Re-rating) Order 2008(5).
2-
Amendment to the Social Security (Contributions) Regulations 2001
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 “£2.85” substitute “£2.95”.
12th March 2008
Dave Watts
Alan Campbell
Two of the Lords Commissioners of Her Majesty’s
Treasury
The Secretary of State concurs.
Signed by authority of the Secretary of State for Works and Pensions.
10th March 2008
Mike O’Brien
Minister of State
Department for Work and Pensions
The Department for Social Development concurs.
Sealed with the Official Seal of the Department for Social Development on 7th March 2008
John O’Neill
Senior Officer of the Department for Social
Development
These Regulations amend the Social Security (Contributions) Regulations 2001 (“the principal Regulations”). They are made in consequence of the annual up-rating order under section 141 of the Social Security Administration Act 1992 and section 129 of the Social Security Administration (Northern Ireland) Act 1992.
Regulation 2 amends regulation 125(c) of the principal Regulations by altering the special rate of any Class 2 contributions payable by share fishermen from £2.85 to £2.95.
An impact assessment has not been produced for this instrument as it has no impact on business, charities or voluntary bodies.
