Interpretation
2. In these Regulations—
“the 1970 Act” means the Taxes Management Act 1970(1) as amended from time to time both before and after the date of these Regulations;
“the 1988 Act” means the Income and Corporation Taxes Act 1988(2) as amended from time to time both before and after the date of these Regulations;
“the Board” means the Commissioners of Inland Revenue;
“the Order” means the Education (Student Support) (Northern Ireland) Order 1998;
“borrower” means a person to whom the Department has lent money pursuant to regulations made under Article 3 of the Order and who has not received a notice from it that it has been repaid in full or cancelled;
“collector” means a Collector of Taxes;
“Department” means the Department of Higher and Further Education, Training and Employment and includes any person exercising functions on its behalf pursuant to Article 4 of the Order;
“inspector” means an Inspector of Taxes;
“repayment” means a repayment of a student loan;
“student loan” means the total outstanding principal, interest, penalties and charges owed by a borrower to the Department pursuant to these or any other regulations made under Article 3 of the Order, excluding any interest, penalties or charges payable under Part III or IV;
“year of assessment” means the period 6th April to the following 5th April.