- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (a wnaed Fel)
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3.—(1) In Article 5 of the 1986 Order (amount of minimum contributions to personal pension schemes), in paragraph (1) (calculation of contributions)—
(a)after sub-paragraph (a) there shall be inserted the following sub-paragraph—
“(aa)where—
(i)the tax year in which the tax week falls ends before such date as may be prescribed, and
(ii)the earner was over the age of 30 on the 6th April with which the tax year began,
1 per cent. of any such earnings.”, and
(b)sub-paragraph (b) (which does not have effect in relation to tax weeks ending after 5th April 1993) shall be omitted.
(2) In paragraph (5) of that Article (provision that may be made by regulations), after sub-paragraph (c) there shall be inserted the following sub-paragraph—
“(cc)for the manner in which an earner’s age is to be verified for the purposes of paragraph (1)(aa);”.
(3) In Article 82 of that Order (financial provision), after paragraph (6) there shall be inserted the following paragraph—
“(6A) There shall be paid out of the National Insurance Fund into the Consolidated Fund, at such times and in such manner as the Department of Finance and Personnel may direct, such sums as the Department may estimate (in accordance with any directions given by the Department of Finance and Personnel) to be the amount of the administrative expenses incurred by the Department in exercising its functions relating to—
(a)minimum contributions paid by it under Part II; and
(b)payments by it under Article 9.”.
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