Social Welfare (Miscellaneous Provisions) Act 2003

Amendments to section 2 of Principal Act.

16.—Section 2(1) of the Principal Act is amended—

(a) by inserting the following after the definition of “developing country” (inserted by section 11 of the Social Welfare (No. 2) Act 1993 ):

“‘emolument’ means an emolument to which Chapter 4 of Part 42 of the Taxes Consolidation Act 1997 applies;”,

(b) by substituting the following for the definition of “reckonable earnings”:

“ ‘reckonable earnings’ means, subject to regulations and to section 78, emoluments derived from insurable employment or insurable (occupational injuries) employment;”,

(c) in the definition of “reckonable emoluments” by deleting “, non-pecuniary emoluments”, and

(d) in the definition of “reckonable income” by deleting “, non-pecuniary income”.