141 Annual review of contributions
Social Security Administration Act 1992 (1992 c 5) | Legislation

Part IX Alteration of Contributions etc

141  Annual review of contributions

(1)     In each tax year the [Treasury] shall carry out a review of the general level of earnings in Great Britain taking into account changes in that level which have taken place since [their] last review under this section, with a view to determining whether, in respect of Class 2, 3 or 4 contributions, an order should be made under this section, to have effect in relation to the next following tax year.

(2)     For the purposes of any review under this section, the [Treasury]—

(a)     shall estimate the general level of earnings in such manner as [they think fit]; and

(b)     shall take into account any other matters appearing to [them] to be relevant to

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