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National Insurance Act 1965

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87Quinquennial reviews of rates of benefits.

(1)As soon as may be after a copy of any report under section 86(1)(a) of this Act is laid before Parliament, the Minister shall review the rates and amounts of benefit in relation to—

(a)the circumstances at the time of insured persons in Great Britain, including in particular the expenditure which is necessary for the preservation of health and working capacity; and

(b)any changes in those circumstances since the rates and amounts of benefits were laid down by this Act or any Act amending it and to the likelihood of future changes.

(2)On the completion of any review under this section the Minister shall lay a report thereon before Parliament.

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