Housing Renovation etc. Grants (Reduction of Grant) (Amendment) Regulations (Northern Ireland) 1996

Amendment of regulation 22 of the principal Regulations

9.  In regulation 22 (Determination of net earnings of employed earners)—

(a) at the end of sub-paragraph (3)(a) the word “and” shall be omitted;

(b) for sub-paragraph (3)(b) there shall be substituted—

“(b) one-half of any sum paid by the relevant person by way of a contribution towards an occupational pension scheme;

(c) one-half of the amount calculated in accordance with paragraph (4) in respect of any qualifying contribution payable by the relevant person; and

(d) where those earnings include a payment which is payable under any statutory provision having effect in Great Britain and which corresponds to statutory sick pay or statutory maternity pay, any amount deducted from those earnings by way of any contributions which are payable under any statutory provision having effect in Great Britain and which correspond to primary Class 1 contributions under the 1992 Act.”;

(c) after paragraph (3) there shall be inserted—

“(3A) The amount in respect of any qualifying contribution shall be calculated by multiplying the daily amount of the qualifying contribution by the number equal to the number of days in the assessment period; and for the purposes of this regulation the daily amount of the qualifying contribution shall be determined—

(a) where the qualifying contribution is payable monthly, by multiplying the amount of the qualifying contribution by 12 and dividing the product by 365;

(b) in any other case, by dividing the amount of the qualifying contribution by the number equal to the number of days in the period to which the qualifying contribution relates.”;

(d) after paragraph (4) there shall be added—

“(5) In this regulation “qualifying contribution” means any sum which is payable periodically as a contribution towards a personal pension scheme.”.