3(1)This paragraph has effect if section 1(1) of, and Schedule 1 to, this Act come into force before paragraph 51 of Schedule 3 to this Act.
(2)During the period beginning with the commencement of section 1(1) and Schedule 1 and ending with the commencement of paragraph 51 of Schedule 3, the Board shall account to the Secretary of State for, and pay to him—
(a)those Class 1, Class 1A, Class 1B and Class 2 contributions to which regulations under paragraph 6 of Schedule 1 to the M1Social Security Contributions and Benefits Act 1992 (power to combine collection of contributions with income tax) do not apply,
(b)Class 3 contributions,
(c)Class 4 contributions payable by virtue of regulations under section 18 of that Act, and
(d)sums recovered under regulations made under paragraph 7A or 7B of Schedule 1 to that Act in respect of interest or penalties;
and those sums shall be regarded for the purposes of the M2Social Security Administration Act 1992 as having been received by the Secretary of State under Part I of the Social Security Contributions and Benefits Act 1992.