Social Welfare Act, 1987
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Rate of pay-related benefit. |
7.—(1) The following section is hereby substituted for section 73 of the Principal Act (inserted by the Social Welfare Act, 1983 , and as amended by the Act of 1986): | |
“73.—The weekly rate of pay-related benefit payable to a person in any period of interruption of employment shall be, for any part of that period up to the 393rd day of incapacity for work or for any part of that period up to the 393rd day of unemployment, an amount equal to 12 per cent. of the part (if any) of his reckonable weekly earnings for the relevant income tax year that exceeds £62 but does not exceed such limit as stands prescribed for the time being, subject to such conditions as may be prescribed to restrict the total amount of benefit payable under this Part to the person in respect of any week.”. | ||
(2) This section shall have effect in relation to any period of interruption of employment commencing on or after the 6th day of April, 1987. |