Rounding of fractional amounts

[F1 4.   Where any payment of—

(a) statutory paternity pay is made on the basis of a calculation at—

(i) the weekly rate specified in regulation 2(b); or

(ii) the daily rate of one-seventh of the weekly rate specified in regulation 2(a) or (b); or

(b) statutory adoption pay is made on the basis of a calculation at—

(i) the weekly rate specified in regulation 3(b); or

(ii) the daily rate of one-seventh of the weekly rate specified in regulation 3(a) or (b),

and that amount includes a fraction of a penny, the payment shall be rounded up to the next whole number of pence.]

Textual Amendments

F1 Reg. 4 substituted (with effect in accordance with reg. 2 of the amending S.I.) by The Statutory Paternity Pay and Statutory Adoption Pay (General) and the Statutory Paternity Pay and Statutory Adoption Pay (Weekly Rates) (Amendment) Regulations 2006 (S.I. 2006/2236), regs. 1(1), 7