Funding of employers’ liabilities to make payments of statutory shared parental pay3
1
An employer who has made any payment of statutory shared parental pay shall be entitled—
a
to an amount equal to 92% of such payment; or
b
if the payment qualifies for small employer’s relief by virtue of Article 8(3) of the Employment (Northern Ireland) Order 2002—
i
to an amount equal to such payment; and
ii
to an additional payment equal to the amount to which the employer would have been entitled under section 163(2)(b) of the 1992 Act had the payment been a payment of statutory maternity pay.