69.—(1) Section 2 of the Act (the contribution-based conditions) applies to share fishermen with the modifications set out in the following provisions of this regulation.
(2) After the words “Class 1 contributions” in each place where they appear there is to be inserted the words “ or special Class 2 contributions ”.
(3) In subsection (4) after the definition of “the relevant benefit year” there is to be inserted the following definition—
““special Class 2 contributions” means any Class 2 contributions paid by a share fisherman at the rate applicable to share fishermen in accordance with regulation 125(c) of the Social Security (Contributions) Regulations 2001 M1.”.
Marginal Citations
M1Regulation 125(c) was amended by S.I. 2012/867.