PART 9Share fishermen
Modifications of section 269
1
Section 2 of the Act (the contribution-based conditions) applies to share fishermen with the modifications set out in the following provisions of this regulation.
2
After the words “Class 1 contributions” in each place where they appear there is to be inserted the words “
or special Class 2 contributions
”
.
3
In subsection (4) after the definition of “the relevant benefit year” there is to be inserted the following definition—
“special Class 2 contributions” means any Class 2 contributions paid by a share fisherman at the rate applicable to share fishermen in accordance with regulation 125(c) of the Social Security (Contributions) Regulations 2001 M1.