(1) Subject to subsections (2) and (3), the amount payable by way of jobseeker's pay-related benefit for any applicable week -

(a) in the case of a person who has no fewer than 260 contribution weeks in the period between his or her entry into insurance and the beginning of an applicable period, shall be as follows:

(i) for the first to the thirteenth applicable week (inclusive) in respect of which the benefit is claimed, 60 per cent of the person's weekly reckonable earnings;

(ii) for the fourteenth to the twenty-sixth applicable week (inclusive) in respect of which the benefit is claimed, 55 per cent of the person's weekly reckonable earnings;

(iii) for the twenty-seventh to the thirty-ninth applicable week (inclusive) in respect of which the benefit is claimed, 50 per cent of the person's weekly reckonable earnings,

and