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

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

3.  In regulation 3—

(a) after the definition of “repayment” insert—

““repayment threshold” has the meaning given to it in regulation 29 (7);

“repayment threshold year” means the period from 6 April to 5 April of the following year;”;

(b) in the definition of “tax year”—

(i) in sub-paragraph (b) before “for the purpose of Part 3” insert “subject to sub-paragraph(c),”;

(ii) after sub-paragraph (b) insert—

“(c) for the purposes of regulations 36 and 40(1) and (2) means the period from 6 April to 5 April of the following year”; and

(c) after the definition of “tax year” insert—

““tax year 2009–10” for the purpose of Part 3 means the tax year beginning on 6 April 2009 (and any corresponding expression in which two years are similarly mentioned is to be read in the same way);”.