Social Welfare Act, 1997

Employment contributions (new rates of contributions, increases in earnings ceilings, etc.).

8.—(1) Section 10 of the Principal Act is hereby amended by—

(a) the substitution in subsection (1) (b) of “4.5 per cent.” for “5.5 per cent.”,

(b) the substitution in subsection (1) (c) of “£23,200” for “£22,300” (inserted by section 8 (1) (b) of the Act of 1996),

(c) the substitution in subsection (1) (d) (i) and (ii) of “£260” for “£250” (inserted by section 8 (1) (c) (iii) of the Act of 1996), and

(d) the substitution in subsection (1) (e) of “£27,900” for “£26,800” (inserted by section 8 (1) (d) of the Act of 1996).

(2) This section shall come into operation on the 6th day of April, 1997.