Maximum Pensionable Income Order, 2007

L.N. 5 of 2007

SOCIAL SECURITY ACT

(CAP. 318)

Maximum Pensionable Income Order, 2007

IN exercise of the powers conferred by articles 2 and 61 and by

paragraph (4) of the Thirteenth Schedule to the Social Security Act, the

Minister for the Family and Social Solidarity, with the concurrence of

the Prime Minister and Minister of Finance, has made the following

order>

The title of this order is the Maximum Pensionable Income

Order, 2007.

This order shall be deemed to have come into force with effect

from the 1st January, 2005.

For the purposes of the Social Security Act and the

interpretation of the expression “pensionable income”, the pensionable

income shall in no case>

(a) exceed six thousand eight hundred and forty-one Maltese

liri (Lm6,841) per annum with effect from the 1st January, 2005<

and

(b) exceed six thousand nine hundred and fifty eight Maltese

liri (Lm6,958) per annum with effect from the 7th January, 2006.

The Maximum Pensionable Income Order, 1987 is hereby

revoked.

Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press