Amendment of regulation 2

3.  In regulation 2 (interpretation) in the definition of “repayment threshold”—

(a) in paragraph (a)—

(i) for “5th April 2013”, substitute “5 April 2022”,

(ii) for “£15,000” in both places where it appears, substitute “£25,000”,

(b) in paragraph (b), for “6th April 2013”, insert “6 April 2022”.