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Welfare Reform and Pensions Act 1999

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This is the original version (as it was originally enacted).

7Reduced rates of contributions etc: power to specify different percentages

This section has no associated Explanatory Notes

(1)An order under section 42B(2) of the 1993 Act (determination and alteration of reduced rates of Class 1 contributions, and rebates, for members of money purchase contracted-out schemes) may specify different percentages in respect of earners by reference to whether the money purchase contracted-out scheme of which the earner is a member is or is not for the time being registered under section 2.

(2)An order under section 45A(2) of that Act (determination and alteration of minimum contributions to be paid to appropriate personal pension schemes) may—

(a)specify different percentages in respect of earners by reference to whether the appropriate personal pension scheme of which the earner is a member is or is not for the time being registered under section 2; and

(b)specify different percentages in respect of earners by reference to the time when the earner first became a member of the scheme.

(3)This section is without prejudice to section 182 of that Act (orders and regulations: general provisions).

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