Social Security Contributions and Benefits Act 1992, Cross Heading: Supplementary is up to date with all changes known to be in force on or before 03 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Textual Amendments
F1Sch. 5 para. 7C and cross-heading inserted (18.11.2004 for specified purposes, 6.4.2005 in so far as not already in force) by Pensions Act 2004 (c. 35), s. 322(3)(a), Sch. 11 para. 12
7C(1)Any lump sum calculated under paragraph 3B or 7B must be rounded to the nearest penny, taking any 1/2p as nearest to the next whole penny above.E+W+S
(2)In prescribing a percentage rate for the purposes of paragraphs 3B and 7B, the Secretary of State must have regard to—
(a)the national economic situation, and
(b)any other matters which he considers relevant.]
Modifications etc. (not altering text)
C1Sch. 5 modified (6.4.2005) by The Social Security (Retirement Pensions etc.) (Transitional Provisions) Regulations 2005 (S.I. 2005/469), regs. 1(1), 2
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