SCHEDULES

C1F2 SCHEDULE 2 Loans for Students

Annotations:
Amendments (Textual)
F2

Act repealed (13.8.1998 subject to savings as mentioned in arts. 2, 3 of the commencing S.I.) by 1998 c. 30, s. 44(2), Sch. 4 (with s. 42(8)); S.I. 1998/2004, arts. 2, 3; and Act amended (1.3.2000) by 1998 c. 29, s. 74(1), Sch. 15 para. 10; S.I. 2000/183, art. 2; and further amended (1.4.2001) by 2000 c. 21, ss. 151(3), Sch. 10 Pt. IV para. 18(2); S.I. 2001/654, art. 2(2), Sch. Pt. II (with art. 3); and further amended (1.7.2004) by Higher Education Act 2004 (c. 8), s. 42(3)-(5), 52(1); and further amended (S.) (1.4.2008) by Bankruptcy and Diligence Act 2007 (asp 3), s. 34(2)(a)(b)

Modifications etc. (not altering text)

Insolvency: England and Wales

5

1

There shall not be treated as part of a bankrupt’s estate or claimed for his estate under section 307 or 310 of the M1Insolvency Act 1986 any sums to which this paragraph applies and which he receives or is entitled to receive after the commencement of the bankruptcy.

2

No debt or liability to which a bankrupt is or may become subject in respect of any such sum shall be included in his bankruptcy debts.

3

This paragraph applies to any sum by way of F1public sector student loan or subsidised private sector student loan payable to the bankrupt pursuant to an agreement entered into by him before or after the commencement of the bankruptcy.