2005 No. 915

SOCIAL SECURITY

The Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 2005

Made

Laid before Parliament

Coming into force

The Treasury, with the concurrence of the Secretary of State, in exercise of the powers conferred upon them by sections 117(1) and 175(1), (1A) and (3) of the Social Security Contributions and Benefits Act 19921, and with the concurrence of the Department for Social Development, in exercise of the powers conferred upon them by sections 117(1) and 171(1), (3) and (10) of the Social Security Contributions and Benefits (Northern Ireland) Act 19922, by this instrument, which contains only provisions in consequence of an order under section 141 of the Social Security Administration Act 19923 and section 129 of the Social Security Administration (Northern Ireland) Act 19924, make the following Regulations:

Citation and commencement1

These Regulations may be cited as the Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 2005 and shall come into force on 6th April 2005 immediately after the coming into force of the Social Security (Contributions) (Re-rating and National Insurance Funds Payments) Order 20055.

Amendment of the Social Security Contributions Regulations 20012

In regulation 125(c) of the Social Security (Contributions) Regulations 20016 (modification of provisions of the Social Security Contributions and Benefits Act 1992 in relation to share fishermen), for “£2.70” substitute “£2.75”.

Jim MurphyGillian MerronTwo of the Lords Commissioners of Her Majesty’s Treasury

The Secretary of State concurs.

Signed on behalf of the Secretary of State.

Malcolm WicksParliamentary Under Secretary of StateDepartment for Work and Pensions

The Department for Social Development concurs,

Sealed with the Official Seal of the Department for Social Development on 24th March 2005

John O'NeillSenior Officer of theDepartment for Social Development

(This note is not part of the Regulations)

These Regulations amend regulation 125 of the Social Security (Contributions) Regulations 2001 (S.I.2001/1004). They are made in consequence of the annual up-rating order under section 141 of the Social Security Administration Act 1992 (c. 5) and section 129 of the Social Security Administration (Northern Ireland) Act 1992 (c. 8). The Regulations amend paragraph (c) of that regulation by altering the special rate of any Class 2 contributions payable by share fishermen from £2.70 to £2.75.

These Regulations do not impose any new costs on business.