
1 

(1) These Regulations may be cited as the Social Security (Contributions) Amendment (No. 2) Regulations 1992 and shall come into force on 6th April 1992.
(2) In these Regulations, “the principal Regulations” means the Social Security (Contributions) Regulations 1979.
2 

(1) The principal Regulations shall be further amended in accordance with the following provisions of this regulation.
(2) In regulation 7 (lower and upper earnings limits for Class 1 contributions)—
(a) for the date of “6th April 1991” there shall be substituted the date of “6th April 1992”; and
(b) for the sums of “ £52” and “ £390” there shall be substituted respectively the sums of “ £54” and “ £405”.
(3) In regulation 115(1) (reduction of rate of Class 1 contributions payable in respect of earnings of serving members of the forces)—
(a) in sub-paragraph (a), for the figure “0.6” in each place where it appears there shall be substituted the figure “0.4”; and
(b) in sub-paragraph (b), for the figure “0.7” there shall be substituted the figure “0.4”.
Signed by authority of the Secretary of State for Social Security.
Henley
Parliamentary Under-Secretary of State,
Department of Social Security
10th February 1992We consent,
Gregory Knight
Nicholas Baker
Two of the Lords Commissioners of Her Majesty’s Treasury
17th February 1992