74.-Contributions in respect of benefits in kind: Great Britain.
(1) In section 1(2)(b) of the Social Security Contributions and Benefits Act 1992 (Class 1A contributions), the words ``in respect of cars made available for private use and car fuel'' shall be omitted.
(2) For section 10 of that Act (Class 1A contributions) there shall be substituted-[for text see SSCBA92 s.10}
(3) For subsection (6) of section 4 of that Act (power to treat emoluments in respect of share acquisitions etc. as earnings) there shall be substituted-[for text see SSCBA92 s.4(6)]
(4) In paragraph 5(b) of Schedule 1 to that Act (power to modify section 10 for cases where a car is made available by reason of more than one employment), for ``a car is made available'' there shall be substituted ``something is provided or made available''.
(5) In paragraph 8(1)(ia) of that Schedule (power to provide by regulations for repayment in prescribed cases of the whole or a part of a Class 1B contribution), after ``part'' there shall be inserted ``of a Class 1A or''.
(6) In section 120(4) of the Social Security Administration Act 1992 (proof of previous offences relating to Class 1A contributions), for ``car'' there shall be substituted ``amount''.
(7) In section 162(5)(c) of that Act (appropriate national health service allocation of Class 1A contributions), for ``cash equivalents of the benefits of the cars and car fuel'' there shall be substituted ``emoluments''.
(8) This section shall have effect in relation to the tax year beginning with 6th April 2000 and subsequent tax years.
(9) Regulations made by statutory instrument under any power conferred by virtue of this section may be made so as to have retrospective effect in relation to any time in the tax year in which they are made (including, in the case of regulations made in the tax year in which this Act is passed, any time in that tax year before the passing of this Act).
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