The Education (Student Loans) (Repayment) (Amendment) (No. 4) Regulations 2022

Amendments to regulation 9 (interpretation) E+W

13.—(1) In the heading to regulation 9, after “Interpretation” insert “of Part 2”.

(2) In regulation 9(1)—

(a) after the definition of “disability-related benefit” insert—

““direct payment” means—

(a)

in relation to a plan 1, 2, 3 or 5 loan, a payment under regulation 15(1);

(b)

in relation to a plan 4 loan, a payment under regulation 7(1) of the 2000 (Scotland) Regulations;

“domestic borrower” means a borrower to whom Part 3 or 4 applies;”;

(b) in the definition of “end-on course”, for “Student Support Regulations” substitute “an enactment cited in regulation 3A”;

(c) after the definition of “end-on course” insert—

““total charge for credit rules” means rules made under article 60M of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001(1) for the purposes of Chapter 14A of Part 2 of that Order(2).”;

(d) omit the definition of “Student Support Regulations”.

Commencement Information

I1 Reg. 13 in force at 6.4.2023, see reg. 2(2)

(1)

S.I. 2001/544, amended by S.I. 2013/1881; other amending instruments are not relevant.

(2)

The total charge for credit rules are published as part of the FCA Handbook, which is published at https://www.handbook.fca.org.uk/handbook.