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Rate of pay related benefit.
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3.—The following section is hereby substituted for section 4 of the Principal Act:
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“4. The weekly rate of pay-related benefit payable to a person in any period of interruption of employment shall be an amount equal to—
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(a) for any part of that period up to and including the one hundred and fifty-ninth day of incapacity for work, or for any part of that period up to and including the one hundred and fifty-ninth day of unemployment, forty per cent., and
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(b) for any part of that period on and from the one hundred and sixtieth day of incapacity for work, or for any part of that period on and from the one hundred and sixtieth day of unemployment, thirty per cent.,
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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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