SCHEDULES
SCHEDULE 1Reform of Class 2 contributions
SSCBA 1992
4
1
Section 12 (late paid Class 2 contributions) is amended as follows.
2
In subsection (1), after “Class 2 contribution” insert “
under section 11(6)
”
.
3
In subsection (2), for “to (5)” substitute “
and (4)
”
.
4
In subsection (3), for “(4) to (6)” substitute “
(4) and (6)
”
.
5
Omit subsection (5).
6
In subsection (6)—
a
omit “or (5)”;
b
in paragraph (a), omit “in a case falling within subsection (3) above,”;
c
omit paragraph (b) and the word “and” preceding it.
7
Omit subsection (7).
8
In subsection (8)—
a
in the definition of “ordinary contribution”, for “under section 11(1) above” substitute “
of the amount specified in section 11(6)
”
;
b
in the definition of “higher-rate contribution”, for the words from “under regulations” to the end substitute “
of an amount provided for in regulations under section 11(8)
”
.