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The Education (Student Loans) (Repayment) (Amendment) Regulations (Northern Ireland) 2024
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There are currently no known outstanding effects for the The Education (Student Loans) (Repayment) (Amendment) Regulations (Northern Ireland) 2024, Section 25.
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Insertion of regulation 70A (how to calculate applicable threshold)N.I.
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25. After regulation 70 (repayment by income-related instalments) insert—
“How to calculate applicable threshold
70A. The applicable threshold is, in relation to a borrower’s loan, the amount—
(a)rounded up to the nearest £5 (if necessary), and
(b)being the product of—
(i)the repayment threshold for the loan, and
(ii)the country-specific multiplier for the borrower’s country of residence.”.
Commencement Information
I1Reg. 25 in operation at 6.4.2024, see reg. 1(2)
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