S.I. No. 50/1988 - Health Contributions (Yearly Reckonable Income) (Variation) Regulations 1988.
S.I. No. 50 of 1988. | ||
HEALTH CONTRIBUTIONS (YEARLY RECKONABLE INCOME) (VARIATION) REGULATIONS 1988. | ||
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 subsection (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, 1988. 2. The sum specified in sections 5 (2), 6 (2) and 8 of the Health Contributions Act, 1979 , is hereby varied with effect from the 6th day of April, 1988, to the sum of £15,500. | ||
GIVEN under the Official Seal of the Minister for Health this 29th day of March, 1988. | ||
RORY O'HANLON, | ||
Minister for Health. | ||
The Minister for Finance hereby sanctions the above Regulations. | ||
GIVEN under the Official Seal of the Minister for Finance this 29th day of March, 1988. | ||
RAY MAC SHARRY, | ||
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 £15,000 and it is now varied by these regulations to £15,500. The changed income ceiling is operative from the beginning of the contribution year commencing on 6 April, 1988. |