Social Security (Contributions, Re-rating) Order 1979
| Jurisdiction | UK Non-devolved |
| Citation | SI 1979/1694 |
| Year | 1979 |
1979 No. 1694
SOCIAL SECURITY
The Social Security (Contributions, Re-rating) Order 197918thDecember 1979
6thApril 1980
Whereas the Secretary of State for Social Services, with a view to adjusting the level at which the National Insurance Fund stands and having regard to the sums which may be expected to be paid from that Fund in the tax year 1980–81, thinks it expedient to alter the percentage rates for Class 1 contributions under the Social Security Act 1975(a);
And whereas the said Secretary of State, as a result of carrying out in the tax year 1979–80 a review of the general level of earnings pursuant to subsections (2) and (3) of section 120 of the said Act, has determined that an order should be made under that section amending Part I of the said Act by altering the rates of Class 2 and Class 3 contributions, the amount of earnings below which an earner may be excepted from liability for Class 2 contributions and the lower and upper limits of profits or gains to be taken into account for Class 4 contributions;
And whereas a draft of the following order was laid before Parliament and approved by resolution of each House of Parliament:
Now, therefore, the Secretary of State for Social Services, in conjunction with the Treasury so far as relates to matters with regard to which the Treasury has so directed(b), in exercise of the powers conferred on him by sections 120(5) and (6), 121(2) and 122(1)(a) of the said Act and of all other powers enabling him in that behalf, hereby makes the following order:—
Citation, commencement and interpretation
1.—(1) This order may be cited as the Social Security (Contributions, Re-rating) Order 1979 and shall come into operation on 6th April 1980.
(2) Article 6 of this order shall come into operation immediately after the coming into operation of Articles 1 to 5.
(3) In this order "the Act" means the Social Security Act 1975.
Percentage rates of Class 1 contributions
2. In section 4(6) of the Act (rate of Class 1 contributions)—
(a) in paragraph (a) (primary contribution) for the words "6.5 per cent"(c) there shall be substituted the words "6.75 per cent."; and
(a) 1975 c. 14.
(b) See Social Security Act 1975, section 166(5).
(c) See S.I. 1977/2180, article 2(a).
(b) in paragraph (b) (secondary contribution) for the words "10 per cent"(a) there shall be substituted the words "10.25 per cent.".
Rate of, and small earnings exception from, Class 2 contributions
3. In section 7 of the Act (Class 2...
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