Part IStakeholder pension schemes
7Reduced rates of contributions etc: power to specify different percentages
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).