126.—(1) The Welsh Ministers must, after consultation with the scheme actuary, determine the employer contribution rate.
(2) The employer of an active member of this scheme must pay contributions to the scheme at the employer contribution rate on that member’s pensionable earnings.
(3) The employer of an active member who is treated under regulation 27 (meaning of “assumed pensionable pay”) as receiving assumed pensionable pay must pay contributions at the employer contribution rate on the assumed pensionable pay that the member is treated as receiving.
(4) The Welsh Ministers must notify the scheme manager of the employer contribution rate and the date from which it will take effect.
(5) In these Regulations, “employer contribution” (“cyfraniad cyflogwr”) means the contributions payable under paragraph (2) or (3) of this regulation.