(1)Section 34 of the Employment Relations Act 1999 (indexation of amounts, etc) is amended as follows.
(2)In subsection (2)—
(a)omit “as soon as practicable”;
(b)at the end insert “ , with effect from the following 6th April ”.
(3)In subsection (3), for the words after “the Secretary of State shall” substitute “ round the result to the nearest whole pound, taking 50p as nearest to the next whole pound above ”.