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Statutory Instruments

2003 No. 1337

SOCIAL SECURITY

The Social Security (Contributions) (Amendment No. 4) Regulations 2003

Made

19th May 2003

Laid before Parliament

20th May 2003

Coming into force

10th June 2003

The Commissioners of Inland Revenue, in exercise of the powers conferred upon them by paragraphs 3(3) and (6) and 6(1) of Schedule 1 to the Social Security Contributions and Benefits Act 1992( 1 ) and paragraphs 3(3) and (6) and 6(1) of Schedule 1 to the Social Security Contributions and Benefits (Northern Ireland) Act 1992( 2 ) and of all other powers enabling them in that behalf, hereby make the following Regulations:

Citation, commencement and interpretation

1. —(1) These Regulations may be cited as the Social Security (Contributions) (Amendment No. 4) Regulations 2003 and shall come into force on 10th June 2003.

(2) In these Regulations—

the principal Regulations” means the Social Security (Contributions) Regulations 2001( 3 );

Schedule 4” means Schedule 4 to the principal Regulations.

Amendment of the principal Regulations

2. —(1) Amend paragraph 7 of Schedule 4 as follows.

(2) In sub-paragraph (3)( 4 ) for “the same year” substitute “the same year and, where the case falls within paragraph (b), during the following year”.

(3) At the end of sub-paragraph (5)( 5 ) add—

(4) After sub-paragraph (5) insert—

(5A) Where a payment—

(a) falls within sub-paragraph (4)(e) ( 6 ) ,

(b) comprises a beneficial interest in shares, or

(c) is treated as earnings within the meaning of Part 7 of the Income Tax (Earnings and Pensions) Act 2003 ( 7 ) ,

sub-paragraph (5B) applies.

(5B) If this sub-paragraph applies—

(a) sub-paragraph (5)(a) shall have effect as if “, but not in excess of,” were omitted; and

(b) sub-paragraph (8) ( 8 ) shall have effect as if at the end there were added “or the following year” .

3. —(1) Amend paragraph 9(2) of Schedule 4 as follows.

(2) For the words from “but the employee has paid” to the end of the sub-paragraph substitute—

Ann Chant

Dave Hartnett

Two of the Commissioners of Inland Revenue

19th May 2003

( 1 )

1992 c. 4 ; paragraph 3(3) was amended by section 55(a) of the Social Security Act 1998 (c. 14) (“the 1998 Act”) and paragraph 3(6) was inserted by paragraph 33 of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc. ) Act 1999 (c. 2) (“the Transfer Act”). Paragraph 6(1) was amended by paragraph 77(8) of Schedule 7 to the 1998 Act, paragraph 35(2) of Schedule 3 to the Transfer Act and paragraph 185(a) and (b) of Schedule 6 to the Income Tax (Earnings and Pensions) Act 2003 (c. 1) .

( 2 )

1992 c. 7 ; paragraph 3(3) was amended by Article 52(a) of the Social Security (Northern Ireland) Order 1998 ( S.I. 1998/1506 (N.I. 10) ) (“the 1998 Order”) and paragraph 3(6) was added by paragraph 32 of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) (Northern Ireland) Order 1999 ( S.I. 1999/671 ) (“the Transfer Order”). Paragraph 6(1) was amended by paragraph 58(8) of Schedule 6 to the 1998 Order, paragraph 34(2) of Schedule 3 to the Transfer Order and paragraph 204(a) and (b) of Schedule 6 to the Income Tax (Earnings and Pensions) Act 2003.

( 3 )

S.I. 2001/1004 : the relevant amending instruments are S.I. 2002/2929 and S.I. 2003/193 .

( 4 )

Sub-paragraph (3) was substituted by regulation 7(3) of S.I. 2002/2929 .

( 5 )

Sub-paragraph (5) was amended by regulation 7(5) of S.I. 2002/2929 .

( 6 )

Sub-paragraph (4)(e) was inserted by regulation 7(4) of S.I. 2002/2929 .

( 7 )

2003 c. 1 .

( 8 )

Sub-paragraph (8) was substituted by regulation 7(7) of S.I. 2002/2929 .

( 9 )

Section 6A was inserted by paragraph 3 of Part I of Schedule 9 to the Welfare Reform and Pensions Act 1999 (c. 30) . For the construction, in relation to Northern Ireland, of references in the principal Regulations to enactments not applying there, see regulation 156(3) of those Regulations.

( 10 )

Sub-paragraph (1) was amended by regulation 16(3) of S.1. 2003/193 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Social Security (Contributions) (Amendment No. 4) Regulations 2003 (2003/1337)

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Status of this instrument

footnotecommentarytransitional and savingsin force statusrelated provisionsgeo extentinsert/omitsource countin force adj
Defined TermSection/ArticleIDScope of Application
Schedule 4reg. 1.Schedule_4_rtFmGBY
the principal Regulationsreg. 1.the_princi_rtsKJQk

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