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38.—(1) Regulation 76 (calculation of fixed instalment and applicable threshold) is amended as follows.
(2) In paragraph (1), in the table(1), in the right-hand column—
(a)in the heading “Fixed instalment for post-2012 student loans”, insert at the end “and postgraduate master’s degree loans”;
(b)in the heading “Applicable threshold for post-2012 student loans”, insert at the end “and postgraduate master’s degree loans”.
(3) Omit paragraph (5)(2).
(4) In paragraph (6), at the beginning, insert “Where a price level index cannot be calculated under paragraph (3)”.
The table in paragraph (1) was substituted by S.I. 2012/1309.
Paragraph (5) was amended by S.I. 2012/1309.
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