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PART II
Social Insurance for Persons Engaged in Share Fishing
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Amendment of section 2 of Principal Act (definitions).
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3.—Section 2 (1) of the Principal Act is hereby amended by—
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(a) the insertion after the definition of “occupational injuries insurance” of the following definitions:
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“‘optional contribution’ means a contribution paid under Chapter 4A of Part II;
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‘optional contributor’ means a person engaged in share fishing paying optional contributions;”,
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(b) the insertion after the definition of “pensionable age” of the following definition:
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“‘person engaged in share fishing’ means a self-employed contributor who is a member of the crew of a fishing vessel and whose principal means of livelihood is derived from a share in the profits or the gross earnings of the working of the vessel;”,
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(c) the substitution for the definition of “qualifying contribution” of the following definition:
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“‘qualifying contribution’ means the appropriate employment contribution or self-employment contribution which was paid or would have been paid but for section 10 (1) (c) or (d) or section 18 (1) (d) in respect of any insured person or the appropriate optional contribution which was paid or would have been paid but for section 24B (1) (b);”,
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and
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(d) the insertion in the definition of “reckonable income” after “self-employed contributor” of “or an optional contributor,”.
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