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Rate of pay-related benefit.
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4.—The weekly rate of pay-related benefit payable to a person at any time shall be an amount equal to forty per cent. of the part (if any) of his reckonable weekly earnings for the relevant income tax year that exceeds £14 but does not exceed such limit as stands prescribed for the time being subject to such conditions as may be prescribed to restrict by reference to those earnings the total amount of benefit payable under the Acts to the person in respect of any week.
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