Social Welfare Act 2017

Amendment of section 4 of National Training Fund Act 2000

17. (1) Section 4 of the National Training Fund Act 2000 (amended by section 23 of the Social Welfare and Pensions Act 2011 ) is amended by the substitution of the following subsection for subsection (1):

“(1) Where in any contribution week a payment is made to or for the benefit of an employed contributor in respect of reckonable earnings of that employed contributor, levy shall be payable by the employed contributor’s employer at the rate of 0. 8 per cent of the amount of the reckonable earnings in that week to which that payment relates.”.

(2) This section comes into operation on 1 January 2018.