122 Interpretation of Parts I to VI and supplementary provisions
Social Security Contributions and Benefits Act 1992 (1992 c 4) | Legislation

Interpretation

122  Interpretation of Parts I to VI and supplementary provisions

(1)     In Parts I to V above and this Part of this Act, unless the context otherwise requires—

[“additional Class 4 percentage” is to be construed in accordance with section 15(3ZA)(b) above;

“additional primary percentage” is to be construed in accordance with section 8(2)(b) above;]

[“adult disability payment” means disability assistance given in accordance with the Disability Assistance for Working Age People (Scotland) Regulations 2022;]

[“age-related secondary percentage” is to be construed in accordance with section 9A(2) above;]

[“Bank of England base rate” means—

(a)     the rate announced from time to time by the Monetary Policy Committee of the Bank of England as the official dealing rate, being the rate at which the Bank is willing to enter into transactions for providing short term liquidity in the money markets, or

(b)     where an order under section 19 of the Bank of England Act 1998 is in force, any equivalent rate determined by the Treasury under that section;]

“beneficiary”, in relation to any benefit, means the person entitled to that benefit;

“benefit” means—

(a)     benefit under Parts II to V of this Act other than Old

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