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National Insurance Act 1965

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This is the original version (as it was originally enacted).

44Power to alter earnings rules

Regulations may—

(a)alter—

(i)the amount of earnings which under section 30(7) of this Act is to be taken into consideration in calculating the weekly rate of the pension of any classes of beneficiary;

(ii)the sum by which under the said section 30(7) the weekly rate of the pension is to be reduced for each shilling of the excess ;

(b)notwithstanding anything in section 36(6) of this Act, provide that the said section 30(7) shall not reduce the amounts payable as graduated retirement benefit, but that those amounts shall be payable as if that benefit were a separate benefit not subject to the said section 30(7).

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