- Latest available (Revised)
- Original (As made)
The Social Security Contributions and Benefits (Northern Ireland) Act 1992 (Modification of Section 10(7B)) Regulations 2007
You are here:
- 2007 No. 795
- Explanatory Note
What Version
Opening Options
Status:
This is the original version (as it was originally made). UK Statutory Instruments are not carried in their revised form on this site.
EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations modify the list of provisions contained in section 10(7B) of the Social Security Contributions and Benefits Act 1992 (c.4) (“the 1992 Act”). Section 10 was substituted by section 74(2) of the Child Support, Pensions and Social Security Act 2000 (c.19) (“the 2000 Act”) and subsequently amended by paragraph 195 of Schedule 6 to, the Income Tax (Earnings and Pensions) Act 2003 (c.1) (“the 2003 Act”).
Regulation 1 provides for the citation, commencement and effect of the Regulations. These Regulations apply to the tax year beginning on 6th April 2006 and subsequent tax years.
Regulation 2 modifies section 10(7B) by inserting references to sections 363, 364 and 365 of the 2003 Act.
The effect of the modifications is to clarify that there is a deduction from the amount to be brought into charge to Class 1A contributions where a deduction is allowed under section 363, 364 or 365 of the 2003 Act and the amount deductible is at least equal to the whole of any corresponding amount which would otherwise be brought into charge to Class 1A contributions. The purpose of this modification is to ensure that the consequential amendments made to section 10(7B) of the 1992 Act following the introduction of the 2003 Act replicate the original provisions.
A full regulatory impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.
Options/Help
Print Options
Print The Whole Instrument
Print This Explanatory Note only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Opening Options
Different options to open legislation in order to view more content on screen at once
Explanatory Memorandum
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as made version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources