S.I. No. 93/1974 - Social Welfare (Alteration of Rates of Contributions) (No. 2) Regulations, 1974.

S.I. No. 93 of 1974.

SOCIAL WELFARE (ALTERATION OF RATES OF CONTRIBUTIONS) (No. 2) REGULATIONS, 1974.

The Minister for Social Welfare, in exercise of the powers conferred on him by section 3 and subsection (9) of section 6 of the Social Welfare Act, 1952 (No. 11 of 1952 ) hereby makes the following Regulations:—

1. These Regulations may be cited as the Social Welfare (Alteration of Rates of Contributions) (No. 2) Regulations, 1974.

2. These Regulations shall come into operation on the 1st day of April, 1974.

3. The Second Schedule to the Social Welfare Act, 1952 , as amended by the Social Welfare Act, 1973 (No. 10 of 1973) is hereby amended by the substitution of "£0.95" for "£1.09" and "£1.21" for "£1.49" in subparagraphs (a) and (b) respectively of paragraph 6 (inserted by the Social Welfare (Modifications of Insurance) Regulations, 1956 ( S.I. No. 236 of 1956 )).

GIVEN under the Official Seal of the Minister for Social Welfare this

1st day of April, 1974.

BRENDAN CORISH,

Minister for Social Welfare.

In accordance with Section 6 (9) of the Social Welfare Act, 1952 , a draft, sanctioned by the Minister for Finance, of these Regulations was laid before and approved by each House of the Oireachtas. The necessary Resolutions were passed by Dáil Éireann on 21st March, 1974, and by Seanad Éireann on 20th March, 1974.

EXPLANATORY NOTE.

These Regulations reduce the rates of flat-rate employment contributions payable in respect of non-commissioned officers and men of the Defence Forces covered by the pay-related scheme under the Social Welfare (Pay-Related Benefit) Act, 1973, by 28p on the employer's contribution and 14p on the employee's, to offset the pay-related contributions of 2 per cent in the case of employer and 1 per cent in the case of employee charged on earnings up to £14 which will not reckon for pay-related benefit purposes.