xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
35In section 176 of the SSCBA (parliamentary control)—
(a)in subsection (1)(c) (orders subject to affirmative procedure) at the appropriate place insert— “ section 122(8); ”;
(b)in subsection (4) (certain orders not subject to parliamentary procedure) after “second appointed year” insert “ or designating the flat rate introduction year ”.
36E+W+SIn section 12B of the Pension Schemes Act 1993 (reference scheme)—
(a)in subsection (5) (definition of earner's qualifying earnings) in paragraph (b), for “the upper earnings limit for that year multiplied by fifty-three” substitute “ the applicable limit ”;
(b)in subsection (7), before the definition of “normal pension age” insert—
““the applicable limit” means—
(a)in relation to a tax year before the flat rate introduction year, the upper earnings limit for the year multiplied by 53;
(b)in relation to the flat rate introduction year or any subsequent tax year, the upper accrual point;”.
37In section 41 of that Act (reduced rates of Class 1 contributions)—
(a)in subsection (1) (earnings relevant for subsections (1A) and (1B) limited by upper earnings limit) for “the current upper earnings limit” substitute “ the applicable limit ”;
(b)after that subsection insert—
“(1ZA)In subsection (1)—
(a)“the applicable limit”—
(i)in relation to a tax week falling in a tax year before the flat rate introduction year, means the upper earnings limit for the week in question;
(ii)in relation to a tax week falling in the flat rate introduction year or any subsequent tax year, means the upper accrual point divided by 52; and
(b)“prescribed”—
(i)in relation to the lower or upper earnings limit, means (in accordance with section 5(4) of the Social Security Contributions and Benefits Act 1992) prescribed under that provision;
(ii)in relation to the amount mentioned in paragraph (a)(ii) above, means (in accordance with section 181) prescribed by regulations under this Act.”
38E+W+SIn section 181(1) of that Act (general interpretation) insert at the appropriate places—
““the flat rate introduction year” has the meaning given by section 122 of the Social Security Contributions and Benefits Act 1992;”;
““the upper accrual point” has the meaning given by section 122 of the Social Security Contributions and Benefits Act 1992;”.
39In Schedule 4 to that Act (priority in bankruptcy etc.) in paragraph 2 (employer's contributions to occupational pension scheme)—
(a)in sub-paragraph (5) in paragraph (b) of the definition of “reckonable earnings”, for “the current upper earnings limit” substitute “ the applicable limit ”; and
(b)after that sub-paragraph insert—
“(6)“The applicable limit” means—
(a)in relation to a payment made in a tax week falling in a tax year before the flat rate introduction year, the upper earnings limit for the week in question;
(b)in relation to a payment made in a tax week falling in the flat rate introduction year or any subsequent tax year, the upper accrual point divided by 52.”