Amendment of the Education (Student Loans) (Repayment) Regulations (Northern Ireland) 200013

In regulation 41 –

a

at the start of paragraph (1) there shall be inserted “Subject to paragraph (1A)”; and

b

after paragraph (1) there shall be inserted –

1A

Where payment is made by an approved method of electronic communications, the interest payable under paragraph (1) shall be calculated as if the date in paragraph (1) was the 17th day after the year of assessment.