Search Legislation

The Education (Student Loans) (Repayment) (Amendment) Regulations (Northern Ireland) 2011

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)
 Help about opening options

Opening OptionsExpand opening options

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Amendment of the Education (Student Loans) (Repayment) Regulations (Northern Ireland) 2009

This section has no associated Explanatory Memorandum

10.  In regulation 71(1) (Calculation of fixed instalment and applicable threshold) insert—

(1A) On 6th April 2012, and on 6th April of each subsequent year until and including the 6th April 2015 each amount in the column entitled “Applicable Threshold” shall increase to an amount equal to X + (X x Y%) and rounded up to the nearest £5 where—

X is the amount in the amount in the column entitled “Applicable Threshold” immediately before the 6th April

Y is the percentage increase between the retail prices all items index published by the Office for National Statistics for the two Marches immediately before the commencement of the previous repayment threshold year.

Back to top

Options/Help