Social Welfare Act 2020

Employment wage subsidy scheme - additional supplemental provisions for purposes of Chapter

4. (1) The Principal Act is amended, in Chapter 6A, by the insertion of the following section after section 38F:

“Section 13: additional supplemental provisions for purposes of Chapter

38G. (1) In any contribution week, where a payment is made to or for the benefit of an employed contributor in respect of reckonable earnings of the employed contributor, an employment contribution shall be payable by the employer of that employed contributor at the rate of 0. 5 per cent of the amount of reckonable earnings paid to that employed contributor in that week.

(2) In this section—

‘employed contributor’ means an employed contributor who is also a qualifying employee within the meaning of section 28B (inserted by section 2 (2) of the Financial Provisions (Covid-19) (No. 2) Act 2020 ) of the Act of 2020;

‘employer’, in relation to an employed contributor, means an employer of the employed contributor who is also an employer within the meaning of section 28B of the Act of 2020.”.

(2) This section shall be deemed to have come into operation on 1 July 2020.