SCHEDULES

SCHEDULE 4 E+W+S Abolition of contracting-out for defined contribution pension schemes

Part 1 E+W+S Amendments having effect as from abolition date

Pension Schemes Act 1993 (c. 48) E+W+S

17 E+W+S In section 42A (reduced rates of Class 1 contributions, and rebates) at the end insert—

“(8) For the purposes of this section “the appropriate age-related percentage” and “the appropriate flat-rate percentage”, in relation to a tax year beginning before the abolition date, are the percentages specified as such for that tax year in an order made under section 42B (as it had effect prior to that date).”