Explanatory Note

(This note is not part of the Order)

This Order is made only for purposes corresponding to those of the Social Security Act 1993.

Article 3 introduces with effect from 6th April 1993 a 1 per cent. additional rebate for certain personal pension holders by amending Article 5(1) of the Social Security (Northern Ireland) Order 1986 (amount of minimum contributions paid by the Department of Health and Social Services to personal pension schemes).

Article 4 provides for payments out of appropriated money into the Northern Ireland National Insurance Fund, subject to a limit calculated as a percentage of estimated benefit expenditure from the Fund in each financial year.