Social Security (Earnings Factor) Amendment Regulations 1988

JurisdictionUK Non-devolved
CitationSI 1988/429

1988No. 429

SOCIAL SECURITY

The Social Security (Earnings Factor) Amendment Regulations

1988

7thMarch1988

14thMarch1988

4thApril1988

The Secretary of State for Social Services, in exercise of powers conferred on him by sections 13(5) and 5(A) and 168(1) of, and Schedule 20 to, the Social Security Act 1975 ( a) , sections 6(5A) and 35(3) of the Social Security Pensions Act 1975 ( b) , section 32(6) of the Social Security Act 1985 ( c) and sections 84(1) and 89(1) of the Social Security Act 1986 ( d) and of all other powers enabling him in that behalf, by this instrument, which contains only Regulations made under sections 84(1) and 89(1) of, and provisions consequential upon sections 42 and 75 of and Schedule 8 to, the Social Security Act 1986 and which is made before the end of a period of 12 months from their commencement, makes the following Regulations:-

Citation, commencement and interpretation

1.-(1) These Regulations may be cited as the Social Security (Earnings Factor) Amendment Regulations 1988 and shall come into force on 4th April 1988.

(2) In these Regulations, "the principal Regulations" means the Social Security (Earnings Factor) Regulations 1979 ( e) .

Amendment of principal Regulations

2.-(1) The principal Regulations shall be amended in accordance with the following paragraphs of this regulation.

(2) For regulation 2 (ascertainment of earnings factors) there shall be substituted the following regulation-

"Ascertainment of earnings factors

2.-(1) The earnings factors derived from a person's earnings paid in, or from earnings credited or Class 2 or Class 3 contributions in respect of, any year shall, subject to paragraph (2) of this regulation, be ascertained in accordance with the rules contained in Schedule 1 to these Regulations.

(2) A person's earnings factors in respect of the year commencing on 6th April 1988, or any subsequent year, shall not in respect of any such year together exceed an amount equal to 58 times the upper earnings limit of that year. " .

(a) 1975 c.14; section 13(5) was amended by the Social Security Act 1986 (c.50), section 75, Schedule 8, paragraph 2(4); section 13(5A) was inserted by the Social Security Act 1985 (c.53), section 29(1), Schedule 5, paragraph 6(b). See the definition of "regulations" in Schedule 20 to the Social Security Act 1975. Section 168(1) applies, by virtue of section 66(2) of the Social Security Pensions Act 1975 (c.60), to the exercise of certain powers conferred by that Act.

(b)...

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