Social Security (Treasury Supplement to and Allocation of Contributions) (Re-rating) Order 1987
| Jurisdiction | UK Non-devolved |
| Citation | SI 1987/48 |
1987 No. 48
SOCIAL SECURITY
The Social Security (Treasury Supplement to and Allocation of Contributions) (Re-rating) Order 1987
Made 20th January 1987
Coming into force 6th April 1987
Whereas a draft of this Order was laid before Parliament in accordance with the provisions of section 167(1) of the Social Security Act 19751and approved by resolution of each House of Parliament:
Now, therefore, the Secretary of State for Social services, with the consent of the Treasury, in exercise of the powers conferred upon him by sections 1(5A) and 134(4A) and (5A) of the Social Security Act 19752and of all other powers enabling him in that behalf, hereby makes the following Order:—
Citation and commencement
1. This Order may be cited as the Social Security (Treasury Supplement to and Allocation of Contributions) (Re-rating) Order 1987 and shall come into operation on 6th April 1987.
Alteration of Treasury supplement to contributions
2. In section 1(5) of the Social Security Act 1975 (Treasury supplement to contributions)3for the words “9 per cent.”4there shall be substituted the words “7 per cent.”.
Percentage rates of appropriate national health service and employment protection allocations
3.—(1) Section 134(4) of the Act5(allocation of contributions) shall be amended in accordance with the provisions of this article.
(2) In the definition of “the appropriate national health service allocation”—
(a)
(a) in paragraph (a) (primary Class I contributions) for the words “0.75 per cent.”6there shall be substituted the words “0.85 per cent.”;
(b)
(b) in paragraph (b) (secondary Class 1 contributions) for the words “0.6 per cent.” there shall be substituted the words “0.7 per cent.”;
(c)
(c) in paragraph (c) (Class 2 contributions) for the words “11.5 per cent.”7there shall be substituted the words “15.5 per cent.”;
(d)
(d) in paragraph (d) (Class 3 contributions) for the words “11.5 per cent.”8there shall be substituted the words “15.5 per cent.”;
(e)
(e) in paragraph (e) (Class 4 contributions) for the words “0.95 per cent.”9there shall be substituted the words “1.15 per cent.”
(3) In the definition of “the appropriate employment protection allocation”
(a)
(a) in paragraph (i) (primary Class 1 contributions) for the words “0.25 per cent.”10there shall be...
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