Cap. 318 · Social Security Act (Cap. 318)
Cap. 318 ст. 10Contributions by self-employed persons. (Class Two contributions).
PART II
(1) Every self-employed or self-occupied person, unless otherwise exempted under the provisions of this Act, shall pay a contribution in accordance with the provisions of this Act.
(2) For every contribution payable by a self-employed or self-
occupied person under this Act, another contribution shall be payable out of the Consolidated Fund.
(3) The rates of contributions payable under this Act by a self-employed or self-occupied person shall be those specified in Part II and Part III respectively of the Tenth Schedule to this Act for the four months ending on the last day of April, August and December of each year: except where the self-employed person concerned had, up to the 3rd January, 1988, elected to pay a higher rate of contribution than that which would otherwise have been payable by him as aforesaid; sohowever that, such election shall, nonetheless, cease to have effect from the 4th January, 1988.
(4) The contribution payable out of the Consolidated Fund under this article shall be equivalent to 50% of the contribution paid by the self-employed or self-occupied person concerned.
(5) When the Court is acting in accordance with its powers conferred to it by articles 54(5) and 59 of the Civil Code, it may order or empower, as the case may be, that part of the contributions paid by a self-occupied person or a self-employed person be transferred to the person indicated by the said Court, and such contributions are to be considered, for the purposes of this Act, as having been paid as a self-occupied or a self-employed person by the person to whom they are transferred.
История изменений
- Amended by V.2023.3