PART III OTHER CONDITIONS OF ENTITLEMENT

Prescribed amount of earnings56

1

The prescribed amount of earnings for the purposes of section 2(1)(c) (the contribution-based conditions) shall be calculated by applying the formula—

(A+D)-£0.01math

where—A is the age-related amount applicable to the claimant in accordance with section 4(2); and

D is any amount disregarded from the claimant’s earnings in accordance with regulation 99(2) (calculation of net earnings of employed earners) or regulation 101(2) (calculation of net profit of self-employed earners) and Schedule 6.

2

For the avoidance of doubt in calculating the amount of earnings in accordance with paragraph (1), only the claimant’s earnings shall be taken into account.