Diario de la 845ª Sesión plenaria del Foro de Cooperación en materia de Seguridad
In relation to the tax year ending with 5 April 2022, the amounts referred to in subsection (1) of section 150A of the Social Security Administration Act 1992 (annual up-rating of basic pension etc and standard minimum guarantee) are to be reviewed as if that subsection required a review by reference to the general level of prices obtaining in Great Britain (instead of the general level of earnings obtaining in Great Britain).
In relation to the tax year ending with 5 April 2022, the other provisions of section 150A of that Act are to have effect as if—
in subsection (2)—
at the beginning there were inserted “Subject to subsection (2A),”;
for “earnings”, in both places it occurs, there were substituted “prices”;
after subsection (2) there were inserted—;
subsection (3) were omitted;
in subsection (4), after “(2)” there were inserted “or (2A)”;
in subsection (8), for “earnings” there were substituted “prices”.
This Act extends to England and Wales and Scotland only.
This Act comes into force on the day on which it is passed.
This Act may be cited as the Social Security (Up-rating of Benefits) Act 2021.