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Employment contributions (new rates of contributions and amendments to earnings ceilings).
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8.—(1) Section 2(1) (as amended by section 30 of the Act of 1999) of the Principal Act is amended by 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) 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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(2) Section 10 of the Principal Act is amended by—
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(a) the substitution in subsection (1)(b) (as amended by section 8(1)(b) of the Act of 2000) of “4 per cent.” for “4.5 per cent.”,
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(b) the substitution in subsection (1)(c) (inserted by section 8(1)(c) of the Act of 2000) of “£28,250” for “£26,500”,
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(c) the substitution in subsection (1)(d) (as amended by section 8(1)(d) of the Act of 2000) for “Subject to paragraphs (e) and (f), subsection” of “Subject to subsection”,
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(d) the deletion of subsections (1)(e) and (1)(f), and
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(e) the substitution in subsection (2)(a) for “paragraphs (c) and (e)” of “paragraph (c)”.
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(3) The following section is substituted for section 13 of the Principal Act:
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“13.—Regulations may provide for the determination of liability for the payment of employment contributions in the case of a person who works under the general control or management of a person who is not his or her immediate employer.”.
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(4) This section comes into operation on 6 April 2001.
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