Search Legislation

The Social Security (Contributions) (Amendment No. 3) Regulations (Northern Ireland) 1998

What Version

 Help about what version
  • Latest available (Revised)
  • Original (As made)

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Amendment of regulation 1 of the principal Regulations

2.  In regulation 1 of the principal Regulations (citation, commencement and interpretation)—

(a)in paragraph (2)—

(i)after the definition of “COMPS employment”(1) there shall be inserted the following definition—

“conditional interest in shares” means an interest which is conditional for the purposes of sections 140A and 140B of the Income and Corporation Taxes Act 1988(2);;

(ii)after the definition of “contributory benefit”(3) there shall be inserted the following definition—

“convertible shares” means shares which are convertible within the meaning of section 140D of the Income and Corporation Taxes Act 1988;;

(iii)after the definition of “radio officer” there shall be inserted the following definition—

  • “readily convertible asset” has the meaning assigned to it in section 203F(2)(4) of the Income and Corporation Taxes Act 1988;;

(iv)the definition of “trading arrangements”(5) shall be omitted;

(b)after paragraph (2) there shall be added the following paragraph—

(3) For the purposes of regulations 32(6), 35(7) and 46(8) of these Regulations, references to “contributions”, “Class 1 contributions” and “earnings-related contributions” shall, unless the context otherwise requires, include any amount paid on account of earnings-related contributions in accordance with the provisions of regulation 6A(6)(9) of these Regulations..

(1)

Definition of “COMPS employment” was inserted by S.R. 1996 No. 433

(2)

1988 c. 1; sections 140A to 140H were inserted by sections 50 to 53 of the Finance Act 1998 (c. 36)

(3)

Definition of “contributory benefit” was inserted by S.R. 1996 No. 430

(4)

Section 203F was inserted by section 127 of the Finance Act 1994 (c. 9) and amended by section 65 of the Finance Act 1998

(5)

Definition of “trading arrangements” was inserted by S.R. 1996 No. 566

(7)

Regulation 35 was amended by Article 3(3)(a) of the Social Security Adjudications (Northern Ireland) Order 1983, S.R. 1984 No. 43, S.R. 1988 No. 204 and S.R. 1996 No. 433

(8)

Regulation 46 was amended by S.R. 1992 No. 41

(9)

Regulation 6A was inserted by S.R. 1983 No. 8

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources