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The Social Security (Contributions) (Re-rating and National Insurance Funds Payments) Order 2003

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Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Social Security (Contributions) (Re-rating and National Insurance Funds Payments) Order 2003 No. 963

Draft Order laid before Parliament under sections 141(3) and 190(1) of the Social Security Administration Act 1992, section 166(10A) of the Social Security Administration (Northern Ireland) Act 1992, section 2(8) of the Social Security Act 1993 and Article 4(8) of the Social Security (Northern Ireland) Order 1993, for approval by resolution of each House of Parliament.

Draft Statutory Instruments

2003 No.

SOCIAL SECURITY

The Social Security (Contributions) (Re-rating and National Insurance Funds Payments) Order 2003

Made

Coming into force

6th April 2003

Whereas the Treasury, as a result of carrying out in the tax year 2002-03 a review of the general level of earnings in Great Britain pursuant to section 141(1) and (2) of the Social Security Administration Act 1992(1) (“the Administration Act”) have determined that an Order should be made under that section amending Part 1 of the Social Security Contributions and Benefits Act 1992(2) by altering the amount of earnings below which an earner may be excepted from liability for Class 2 contributions and the amount of a Class 3 contribution:

And whereas this Order makes provision for Northern Ireland corresponding to that mentioned in the preceding recital pursuant to section 129 of the Social Security Administration (Northern Ireland) Act 1992(3):

And whereas the Treasury, with a view to adjusting the level at which the National Insurance Fund stands for the time being and having regard to estimated benefit expenditure for the financial year ending 31st March 2004, think it expedient that an Order should be made under section 2(2) of the Social Security Act 1993 (“the 1993 Act”)(4):

And whereas the Treasury with a view to adjusting the level at which the Northern Ireland National Insurance Fund stands for the time being and having regard to estimated benefit expenditure for the financial year ending 31st March 2004, think it expedient that an Order should be made under Article 4(3) of the Social Security (Northern Ireland) Order 1993 (“the 1993 Order”)(5):

And whereas a draft of this Order was laid before Parliament in accordance with the provisions of sections 141(3) and 190(1) of the Administration Act, section 166(10A) of the Social Security Administration (Northern Ireland) Act 1992(6), section 2(8) of the 1993 Act and Article 4(8) of the 1993 Order and approved by resolution of each House of Parliament:

Now therefore the Treasury, in exercise of the powers conferred upon them by sections 141(4), 142(2) and (3), and 189(3) of the Administration Act, sections 129 and 165(11A) of the Social Security Administration (Northern Ireland) Act 1992(7), section 2(2) and (8) of the 1993 Act and Article 4(3) and (8) of the 1993 Order and now vested in them(8), and of all other powers enabling them in that behalf, hereby make the following Order:

(1)

1992 c. 5; subsections (1) and (2) of section 141were amended by paragraph 44 of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2) (“the Transfer Act”).

(3)

1992 c. 8; the relevant amendment to section 129 is that made by paragraph 43 of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) (Northern Ireland) Order 1999 (S.I. 1999/671) (“the Transfer Order”).

(4)

1993 c. 3; section 2 was amended by paragraph 60 of Schedule 3 to the Transfer Act.

(5)

S.I. 1993/592 (N.I. 2); Article 4(3) was amended by paragraph 52(2) of Schedule 3 to the Transfer Order.

(6)

Section 166(10A) was inserted by paragraph 50(4) of Schedule 3 to the Transfer Order.

(7)

Section 165(11A) was inserted by paragraph 49(4) of Schedule 3 to the Transfer Order.

(8)

See paragraphs 44 to 46, 48, 57 and 60 of Schedule 3 to the Transfer Act and paragraphs 43, 49, 50 and 52 of Schedule 3 to the Transfer Order.

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