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4. In Schedule 5 (financial assessment)—
(a)in paragraph 5—
(i)in sub-paragraph (2), after “sub-paragraph (3)” insert “and sub-paragraph (4A)”;
(ii)after sub-paragraph (4) insert—
“(4A) If an eligible student’s household income is determined by reference to the residual income of two parents under paragraph 3(2)(a), the references in sub-paragraphs (2), (3) and (4) to the residual income of A are to be construed as if they were references to the aggregate of the residual incomes of both parents.”;
(b)in paragraph 6(1), after “(other than sub-paragraphs” insert “(4A),”;
(c)in paragraph 7—
(i)the existing text becomes sub-paragraph (1);
(ii)after that sub-paragraph insert—
“(2) But in the application of sub-paragraphs (2), (3) and (4) of paragraph 5 to the determination of a new eligible student’s parent’s partner’s residual income, references to A’s residual income in those sub-paragraphs are to be construed as if they were references to the aggregate of the residual incomes of the new eligible student’s parent and the new eligible student’s parent’s partner.”
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