The Statutory Maternity Pay (Compensation of Employers) Amendment Regulations 1999
Citation and commencement1.
These Regulations may be cited as the Statutory Maternity Pay (Compensation of Employers) Amendment Regulations 1999 and shall come into force on 6th April 1999.
Amendment of the Statutory Maternity Pay (Compensation of Employers) and Miscellaneous Amendment Regulatiosn 19942.
(a)
for “6th April 1998” substitute “6th April 1999”; and
(b)
for “7 per cent.” substitute “5 per cent.”.
Signed by authority of the Secretary of State for Social Security.
These Regulations amend the Statutory Maternity Pay (Compensation of Employers) and Miscellaneous Amendment Regulations 1994 (“the principal Regulations”).
The principal Regulations enable an employer to recover payments of statutory maternity pay and, if he is a small employer, an additional amount in respect of such pay. These Regulations reduce the additional amount from 7 per cent. to 5 per cent. of the payment of statutory maternity pay. The reduction takes effect from 6th April 1999.
The proposals for these Regulations, which are made under section 167(1)(c) of the Social Security Contributions and Benefits Act 1992, are exempt from reference to the Social Security Advisory Committee by virtue of section 172(3) of, and paragraph 8 of Part I of Schedule 7 to, the Social Security Administration Act 1992 (c. 5).
These Regulations impose no new costs on business.