S.I. No. 113/1981 - Health Contributions (Yearly Reckonable Income) (Variation) Regulations, 1981.

S.I. No. 113 of 1981.

HEALTH CONTRIBUTIONS (YEARLY RECKONABLE INCOME) (VARIATION) REGULATIONS, 1981.

The Minister for Health in exercise of the powers conferred on him by sub-section (3) of section 9 of the Health Contributions Act, 1979 (No. 4 of 1979) hereby makes the following Regulations as respects which, pursuant to sub-section (5) of the said section, a draft has been approved by a resolution of each House of the Oireachtas.

1. These Regulations may be cited as the Health Contributions (Yearly Reckonable Income) (Variation) Regulations, 1981.

2. The sum of £7,000 inserted in sections 5 (2), 6 (2) and 8 of the Health Contributions Act, 1979 by the Health Contributions (Rate of Contribution and Yearly Reckonable Income) (Confirmation and Variation) Regulations, 1979 ( S.I. No. 108 of 1979 ) as varied by the Health Contributions (Yearly Reckonable Income) (Variation) Regulations, 1980 ( S.I. No. 88 of 1980 ) is hereby varied with effect from the 6th day of April, 1981 by the substitution therefor of the sum of £8,500.

GIVEN under the Official Seal of the Minister for Health this

30th day of March 1981.

MICHAEL WOODS,

Minister for Health.

The Minister for Finance hereby sanctions the above Regulations.

Dated this 30th day of March, 1981.

GENE FITZGERALD,

Minister for Finance.

EXPLANATORY NOTE.

Section 9 (3) of the Health Contributions Act, 1979 , provides that the Minister for Health may by regulation vary the ceiling amount specified in sections 5 (2), 6 (2) and 8 of the Act. The present income ceiling is £7,000 and it is now varied by these regulations to £8,500. The changed income ceiling is operative from the beginning of the contribution year commencing on 6th April, 1981.