Alteration of reduced rates of Class 1 contributions

2.  In section 37(1A) of the Pension Schemes (Northern Ireland) Act 1993(1) (reduced rates of Class 1 contributions) the percentage specified—

(a) in paragraph (a) shall be 1·6 per cent; and

(b) in paragraph (b) shall be 3 per cent.

(1)

Section 37(1) and (1A) was substituted for section 37(1) by Article 134(2) of the Pensions (Northern Ireland) Order 1995