§ Mr. Gurdenasked the Secretary of State for Social Services when he will adjust the weekly stamp cost on employees to meet decimalisation requirements, in view of the preparations being made by industry for a change within the next few weeks.
§ Mr. EnnalsThe Family Allowances, National Insurance, Industrial Injuries and Miscellaneous Provisions (Decimalisation of the Currency) Regulations, 1970 (S.I. 1970 No. 46) made on 28th January, 1970, provide, amongst other things, for the needs of employers who decimalise their payroll systems before Decimal Day. One provision allows national insurance flat-rate contributions to be deducted at any time from 6th April, 1970, from employees' wages at prescribed decimal 25W rates, expressed in whole new pence. Until Decimal Day, however, the total contribution must, in general, be paid on the basis of the current £sd rates.
§ Mr. Gurdenasked the Secretary of State for Social Services what proposals he has to change the value of employment stamps to the nearest shilling.
§ Mr. David EnnalsSuch a change would be impracticable because of the variety of elements included in the stamp and the number of different rates.