This section has no associated Explanatory Notes
11—(1) In section 38A(1) (reduced rates of Class 1 contributions, and rebates, for members of money purchase contracted-out schemes), for “the current upper earnings limit for that week” substitute “ the upper accrual point ”.N.I.
(2) The amendment made by sub-paragraph (1) has effect in relation to 2009–10 and subsequent tax years.