Maximum Pensionable Income Order, 1980
Statutory Text (3 Articles)
L.N. 76 of 1980
NATIONAL INSURANCE ACT, 1956
(ACT NO. VI OF 1956)
Maximum Pensionable Income Order, 1980
IN exercise of the powers conferred by section 2 of the National
Insurance Act. 1956. the Minister of Labour. Welfare and Culture, with
the concurrence of the Minister of Finance, Customs and People's
Financial Investments, has made the following order:-
This order may be cited as the Maximum Pensionable Income
Order, 1980.
For the purposes of the first proviso to the definition of "pen
sionable income" in subsection (l) of section 2 of the National Insur
ance Act. 1956, and for all other purposes of the said Act, the
pensionable income shall in DO case exceed -
(a) six thousand pounds ([,6,000) per annum, with effect from
20th January, 1979, and
(b) six t h ou s a n d three hundred p o und s (;[6,300) per annum.
with effect from 5th January, 1980.
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