[148A Revaluation of low earnings threshold]

[148A  Revaluation of low earnings threshold]

[(1)     The Secretary of State shall in the tax year preceding the first appointed year and in each subsequent tax year [up to and including the tax year 2014-15] review the general level of earnings obtaining in Great Britain and any changes in that level which have taken place during the review period.

(2)     In this section, “the review period” means—

(a)     in the case of the first review under this section, the period beginning with 1st October 1998 and ending on 30th September in the tax year preceding the first appointed

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