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The Education (Student Loans) (Repayment) (Amendment) Regulations (Northern Ireland) 2024
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Amendments to regulation 69 (repayment by fixed instalments)
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22. In regulation 69 (repayment by fixed instalments) —
(a)the existing text of regulation 69 is renumbered as paragraph (1);
(b)in regulation 69(1), omit “calculated in accordance with regulation 71”;
(c)After regulation 69(1) insert—
“(2) The amount of the fixed instalment is the product of—
(a)the fixed instalment rate for the borrower’s loan, and
(b)the country-specific multiplier for the borrower’s country of residence.
(3) The fixed instalment rate for the student loan is calculated in accordance with regulation 69A.”
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