Part XIII Miscellaneous
Chapter II Other miscellaneous matters
Modifications of Act
208 Review of limits.
(1)
The Secretary of State shall in each calendar year review—
(a)
the limits specified in section 31,
(b)
the limit specified in section 186(1), and
(c)
the limits imposed by subsection (1) of section 227 for the purposes specified in paragraphs (a) to (c) of that subsection,
and shall determine whether any of those limits should be varied.
(2)
In making a review under subsection (1) the Secretary of State shall consider—
(a)
the general level of earnings obtaining in Great Britain at the time of the review,
(b)
the national economic situation as a whole, and
(c)
such other matters as he thinks relevant.
(3)
If on a review under subsection (1) the Secretary of State determines that, having regard to the considerations mentioned in subsection (2), any of the limits specified in subsection (1) should be varied, he shall prepare and lay before each House of Parliament the draft of an order giving effect to his decision.
(4)
Where a draft of an order under this section is approved by resolution of each House of Parliament the Secretary of State shall make an order in the form of the draft.
(5)
If, following the completion of a review under subsection (1), the Secretary of State determines that any of the limits referred to in that subsection should not be varied, he shall lay before each House of Parliament a report containing a statement of his reasons for that determination.
(6)
The Secretary of State may at any time, in addition to the annual review provided by in subsection (1), conduct a further review of the limits specified in subsection (1) so as to determine whether any of them should be varied.
(7)
Subsections (2) to (4) shall apply to a review under subsection (6) as if it were a review under subsection (1).