Commentary on provisions of Act Section 1: Increase of primary threshold
Section 1(1) introduces amendments to SI 2001/1004.
	Section 1(2) amends regulation 10(c) by replacing the weekly amount of the PT of £190 with £242.
	Prescribed equivalents ensure that the threshold is reflective of an employment pay period. Section 1(3) amends regulation 11(3) by replacing the monthly and annual prescribed equivalents of the PT as follows:
in sub-paragraph (a), the monthly prescribed equivalent of £823 is replaced with £1,048.
in sub-paragraph (b), the annual prescribed equivalent of £9,880 is to be replaced with £12,570.
	Section 1(4) specifies that the amendments made by subsections (2) and (3) come into force on 6 July 2022.