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11. In regulation 29—
(a)in paragraph (7) before “The repayment threshold is” insert “Subject to paragraph (8)”;
(b)in paragraph (7)(b), for “tax year” substitute “repayment threshold year”;
(c)after paragraph (7) insert—
“(8) The repayment threshold for a borrower with a post-2012 student loan is an amount of £21,000.”.
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