SCHEDULES

SCHEDULE 1Reform of Class 2 contributions

SSAA 1992

20

In section 141 (annual review of contributions), in subsection (4)—

a

in paragraph (a), for “section 11(1)” substitute “ section 11(2) and (6) ”;

b

in paragraph (b), for the words from “amount” to the end substitute “ small profits threshold for the purposes of Class 2 contributions ”.