The Social Security (Contributions) (Amendment) Regulations 2001
These Regulations amend regulation 53A of the Social Security (Contributions) Regulations 1979 (S.I. 1979/591) (notification of commencement or cessation of payment of Class 2 or Class 3 contributions). The amendments provide for a penalty of £100 in respect of the failure by a person becoming liable to pay a Class 2 contribution to notify the Inland Revenue in accordance with paragraph (1) of regulation 53A.