Bermuda Consolidated Legislation

 

BERMUDA STATUTORY INSTRUMENT

SR&O 46/1973

CONTRIBUTORY PENSIONS (EXCEPTION FROM LIABILITY FOR CONTRIBUTIONS) REGULATIONS 1973

[made under section 38 of the Contributory Pensions Act 1970
[title 18 item 7] and brought into operation on 6 August 1973]

ARRANGEMENT OF REGULATIONS

1 Certificates of exception

2 Prescription of higher an nual income

3 [omitted]

Certificates of exception

1 (1) A person who desires to be excepted from liability to pay contributions by virtue of section 5 of the Contributory Pensions Act 1970 (which relates to the exception from such liability on grounds of small income) [title 18 item 7] shall make an application for that purpose to the Insurance Officer who, if he grants the application, shall issue to the applicant a certificate of exception.

(2) Any such application and certificate shall be in such form as may for the time being be approved by the Insurance Officer.

(3) An application [sic] for, and a holder of, a certificate of exception shall furnish to the Insurance Officer such information and evidence re lating to his income as the Insurance Officer may require on the making of the application and from time to time thereafter.

(4) A certificate of exception shall be in force for such period as may be specified therein, being a period commencing not earlier than the date on which the application therefor was made:

Provided that—

(a) if any condition attached to the issue, or continuation in force, of the certificate is not, or ceases to be fulfilled, the certificate shall cease to be in force as from the date of such nonfulfilment or cessation, and the holder shall forthwith notify the Insurance Officer to that effect;

(b) the period specified in the certificate may, at the discre tion of the Insurance Officer, commence on such date not earlier than thirteen weeks before the application therefor was made as the Insurance Officer may consider appropriate to the circumstances of the case.

(5) The holder of a certificate of exception—

(a) shall, when called upon to do so by an officer of the De partment of Social Insurance, produce the certificate for the officer's inspection;

(b) may at any time give notice to the Insurance Officer that he desires the certificate to be cancelled, whereupon the certificate shall cease to be in force from such date as the Insurance Officer may determine.

(6) An insured person shall be excepted from liability to pay a contribution as an employed or self-employed person for any week dur ing the whole of which a certificate of exception is in force in relation to him.

Prescription of higher annual income

2 An annual income of $3,000 is hereby prescribed for the pur poses of section 5(1) of the Contributory Pensions Act 1970 with effect that the reference to an income at a rate exceeding $1,250 a year in that section shall be construed as a reference to an income at a rate exceed ing $3,000.

Commencement

3 [omitted]