The Statutory Paternity Pay and Statutory Adoption Pay (Weekly Rates) (Amendment) Regulations 2004
Citation and commencement1.
(1)
(2)
Amendment to the Principal Regulations2.
“Weekly rate of payment of statutory paternity pay2.
The weekly rate of payment of statutory paternity pay shall be the smaller of the following two amounts—
(a)
£102.80;
(b)
90 per cent. of the normal weekly earnings of the person claiming statutory paternity pay, determined in accordance with regulations 39 and 40 of the Statutory Paternity Pay and Statutory Adoption Pay (General) Regulations 20026.”
These Regulations come into force immediately after the coming into force of the Social Security Benefits Up-rating Order 2004 which up-rates the weekly rate of paternity pay to the smaller of either £102.80 or 90 per cent of the employee’s normal weekly earnings for any period of paternity leave beginning on or after 4th April 2004. These Regulations substitute a new regulation 2 into the Statutory Paternity Pay and Statutory Adoption Pay (Weekly Rates) Regulations 2002 with the effect that any week of paternity leave beginning on or after 4th April 2004 will be paid at the new rate.
A Regulatory Impact Assessment of the estimated costs and benefits of these and other technical amendments proposed to the paternity and adoption pay and leave schemes has been prepared by the Department of Trade and Industry and has been placed in the Libraries of both Houses of Parliament. Copies are available to the public free of charge from Employment Relations Directorate, Room UG129, Department of Trade and Industry, 1 Victoria Street, London SW1H 0ET and on the DTI website at www.dti.gov.uk.