keep The Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 1998
Consequential amendment to Social Security (Contributions) Regulations 1979 updating the weekly Class 2 contribution rate for share fishermen from £6.80 to £7, effective 6 April 1998, as part of annual re-rating exercise following the main Social Security (Contributions) (Re-rating and National Insurance Fund Payments) Order 1998.
This is a minor rate adjustment of £0.20 as part of annual re-rating. Without this amendment, share fishermen would be subject to an incorrect, outdated contribution rate, creating legal uncertainty and administrative confusion. The regulation is purely consequential machinery following the main Order—which has already undergone democratic scrutiny—ensuring the correct legal rate is in force. Britons would be worse off if deleted because it merely corrects a figure that must necessarily be updated; deletion would not reduce regulatory burden but would create a gap requiring parliamentary attention to fix.