The Social Security (Contributions, Re-rating) Order 1987

Whereas the Secretary of State for Social Services, as a result of carrying out in the tax year 1986—87 a review of the general level of earnings pursuant to subsections (2) and (3) of section 120 of the Social Security Act 19751, has determined that an Order should be made under that section amending Part I of the said Act by altering the rates of Class 2 and Class 3 contributions, the amount of earnings below which an earner may be excepted from liability for Class 2 contributions and the lower and upper limits of profits or gains to be taken into account for Class 4 contributions:

And whereas the Secretary of State, for the purposes of adjusting amounts payable by way of Class 1 contributions, has determined that an Order should be made under section 123A(1) and (2) of that Act2 amending section 4(6B) and (6E) of that Act3 by altering the weekly earnings figures therein specified:

And whereas a draft of the following Order was laid before Parliament in accordance with the provisions of sections 120(4), 121(2) and 123A(6) of that Act and approved by resolution of each House of Parliament: