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1(1)In section 13 of the Social Security Act 1975—
(a)in subsection (5) (earnings factors to be expressed as whole numbers of pounds), after the word “shall”, in the first place where it occurs, there shall be inserted the words “, subject to subsection (5ZA) below,”; and
(b)the following subsection shall be inserted after that subsection—
“(5ZA)Subsection (5) above does not require earnings factors which have been revalued for the purpose of calculating guaranteed minimum pensions to be expressed as whole numbers of pounds.”
(2)In subsection (5) of section 35 of the [1975 c. 60.] Social Security Pensions Act 1975 (earner’s guaranteed minimum), after the word “by” there shall be inserted the words “the same percentage as that prescribed for the increase of earnings factors by”.
(3)This paragraph shall be deemed to have come into force on 6th April 1979.
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