Social Security (Contributions, Re-rating) Order 1987
| Jurisdiction | UK Non-devolved |
1987 No. 46
SOCIAL SECURITY
The Social Security (Contributions, Re-rating) Order 1987
Made 20th January 1987
Coming into force 6th April 1987
Whereas the Secretary of State for Social Services, as a result of carrying out in the tax year 1986—87 a review of the general level of earnings pursuant to subsections (2) and (3) of section 120 of the Social Security Act 19751, 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 the Secretary of State, for the purposes of adjusting amounts payable by way of Class 1 contributions, has determined that an Order should be made under section 123A(1) and (2) of that Act2amending section 4(6B) and (6E) of that Act3by altering the weekly earnings figures therein specified:
And whereas a draft of the following Order was laid before Parliament in accordance with the provisions of sections 120(4), 121(2) and 123A(6) of that Act 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 directed4, in exercise of powers conferred upon him by sections 120(5) and (6), 121(2) and 123A(1) and (2) 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 1987 and shall come into force on 6th April 1987.
(2) In this Order “the Act” means the Social Security Act 1975.
Weekly earnings figures for primary and secondary earnings brackets
2.—(1) Section 4 of the Act (incidence of Class 1 contributions) shall be amended in accordance with the provisions of this article.
(2) In subsection (6B) (primary earnings brackets)—
(a)
(a) for the figure £59.99 specified in respect of Bracket 1 there shall be substituted the figure £64.99;
(b)
(b) for the figures £60.00 and £94.99 specified in respect of Bracket 2 there shall be substituted respectively the figures £65.00 and £99.99;
(c)
(c) for the figure £95.00 specified in respect of Bracket 3 there shall be substituted the figure £100.00.
(3) In subsection (6E) (secondary earnings brackets)—
(a)
(a) for the figure £59.99...
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