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Statutory Instruments

2023 No. 812

Social Security

The National Insurance Contributions Act 2022 (Freeports and Investment Zones) (Consequential Amendments) Regulations 2023

Made

17th July 2023

Laid before Parliament

18th July 2023

Coming into force

8th August 2023

The Treasury make the following Regulations in exercise of the powers conferred by sections 1(5) and (6), 3(2) and 12(4) of the National Insurance Contributions Act 2022( 1 ) and section 175(3) and (4) of the Social Security Contributions and Benefits Act 1992( 2 ).

Citation and commencement

1. These Regulations may be cited as the National Insurance Contributions Act 2022 (Freeports and Investment Zones) (Consequential Amendments) Regulations 2023 and come into force on 8th August 2023.

Amendment of the National Insurance Contributions Act 2022 (Application of Part 1) Regulations 2022

2. —(1)The National Insurance Contributions Act 2022 (Application of Part 1) Regulations 2022( 3 ) are amended as follows.

(2) In the heading for Part 2, for “freeport” substitute “special tax site” .

(3) In the heading for regulation 3, for “freeport tax sites” substitute “special tax sites” .

(4) In regulation 4—

(a) in the heading, for “freeport conditions” substitute “applicable conditions” ,

(b) in paragraph (1), for “(freeport conditions)” substitute “(applicable conditions)” , and

(c) in sub-paragraph (a), for “freeport tax site” substitute “special tax site” .

Amendment of the Social Security Contributions (Freeports) Regulations 2022

3. —(1)The Social Security Contributions (Freeports) Regulations 2022( 4 ) are amended as follows.

(2) In regulation 2—

(a) for “freeport condition” substitute “applicable condition” , and

(b) in the heading, for “freeport conditions” substitute “applicable conditions” .

(3) In regulation 3—

(a) in sub-paragraph (b), for “freeport tax site” substitute “special tax site” , and

(b) in sub-paragraph (c), before “condition”, insert “applicable” .

(4) In regulation 4—

(a) in paragraph (1)(b), for “freeport tax site” substitute “special tax site” , and

(b) in paragraph (1)(c), before “condition”, insert “applicable” .

Andrew Stephenson

Stuart Anderson

Two of the Lords Commissioners of His Majesty’s Treasury

17th July 2023

( 1 )

2022 c. 9 ; sections 1, 2, 3, 5, 12 and 13 were amended by paragraphs 20 to 27 of Schedule 23 to the Finance (No. 2) Act 2023 (c. 30) in consequence of sections 331 and 332 of that Act, which extended the power to designate special tax sites in freeports to investment zones.

( 2 )

1992 c. 4 ; section 175(4) was amended by paragraph 29(4) of Schedule 3 to the Social Security Contributions (Transfer of Functions, etc.) Act 1999 (c. 2) .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The National Insurance Contributions Act 2022 (Freeports and Investment Zones) (Consequential Amendments) Regulations 2023 (2023/812)

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