For the purpose of ascertaining a person's eligibility as a jobholder1, a person's qualifying earnings in a pay reference period2 of 12 months are the part (if any) of the gross earnings3 payable to that person in that period that is: (1) more than £6,2404; and (2) not more than £50,0005. In the case of a pay reference period of less or more than 12 months, the above provision applies as if the amounts in heads (1) and (2) were proportionately less or more
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