4.—(1) Regulation 25 is amended as provided by paragraphs (2) to (6).
(2) In paragraph (1), after the word “course” insert “provided by or on behalf of a publicly funded institution”;
(3) In paragraph (2), after the word “course” insert “provided by or on behalf of a publicly funded institution”;
(4) After paragraph (2)(b) insert—
“(2A) Unless one of the cases set out in paragraph (3) applies, the amount of a fee loan in respect of an academic year of a designated course provided by a private institution (other than on behalf of a publicly funded institution) must not exceed the lesser of—
(a)£3,465; and
(b)the fees payable by the student in connection with that year.
(2B) In the cases set out in paragraph (3), the amount of a fee loan in respect of an academic year of a designated course provided by a private institution (other than on behalf of a publicly funded institution) must not exceed the lesser of—
(a)£1,725; and
(b)the fees payable by the student in connection with that year.”
(5) For paragraph (8)(a) substitute—
“(a)the amount specified in paragraph (1)(a), (2)(a), (2A)(a) or (2B)(a) as the case may be; and”
(6) For paragraph (9)(a) substitute—
“(a)the amount specified in paragraph (1)(a), (2)(a), (2A)(a) or (2B)(a) as the case may be; and”