The Social Security (Contributions) (Re-rating) Order 1993

Statutory Instruments

1993 No. 280

SOCIAL SECURITY

The Social Security (Contributions) (Re-rating) Order 1993

Made

17th February 1993

Coming into force

6th April 1993

Whereas the Secretary of State for Social Security, as a result of carrying out in the tax year 1992—93 a review of the general level of earnings pursuant to subsections (1) and (2) of section 141 of the Social Security Administration Act 1992(1) (“the Administration Act”), has determined that an Order should be made under that section amending Part I of the Social Security Contributions and Benefits Act 1992(2) (“the Contributions and Benefits Act”) by altering the rates of Class 2 and Class 3 contributions, the amount of earnings below which an earner may be excepted from liability for Class 2 contributions and the lower and upper limits of profits or gains to be taken into account for Class 4 contributions:

And whereas the Secretary of State, for the purpose of adjusting amounts payable by way of secondary Class 1 contributions, has determined that an Order should be made under section 145(2) of the Administration Act amending section 9(3) of the Contributions and Benefits Act by altering the weekly earnings figures therein specified:

And whereas a draft of the following Order was laid before Parliament in accordance with the provisions of sections 141(3) and 190(1) of the Administration Act and approved by resolution of each House of Parliament:

Now, therefore, the Secretary of State for Social Security in exercise of powers conferred by sections 141(4) and (5), 142(2), 145(2) and 189(1) of the Administration Act and of all other powers enabling him in that behalf, hereby makes the following Order:

(1)

1992 c. 5.

(2)

1992 c. 4.