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Amendment of regulation 29 (time for and amount of repayments)
This section has no associated Explanatory Memorandum
10. In regulation 29()—
(a)in paragraph (7), after “(8)” insert “, (8B)”;
(b)after paragraph (8A) insert—
“(8B) Subject to paragraph (9), the repayment threshold in relation to a Scottish student loan is that set out in regulation 2 (interpretation) of the Repayment of Student Loans (Scotland) Regulations 2000 as that regulation had effect on the day on which these Regulations come into force().”;
(c)for paragraph (9) substitute—
“(9) The repayment threshold is that set out in paragraph (7)(a) or (b) (as the case may be) where—
(a)a borrower has a post-2012 student loan and a student loan which is neither a post-2012 student loan nor a Scottish student loan;
(b)a borrower has—
(i)a student loan which is neither a post-2012 student loan nor a Scottish student loan; and
(ii)a Scottish student loan;
(c)a borrower has—
(i)a student loan which is neither a post-2012 student loan nor a Scottish student loan;
(ii)a post-2012 student loan; and
(iii)a Scottish student loan.
(10) The repayment threshold where a borrower has a post-2012 student loan and a Scottish student loan is that set out in paragraph (8B).”.
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