Amendment of the Education (Student Loans) (Repayment) Regulations 2009

11.  In regulation 29—

(a) in paragraph (7) before “The repayment threshold is” insert “Subject to paragraph (8)”;

(b) in paragraph (7)(b), for “tax year” substitute “repayment threshold year”;

(c) after paragraph (7) insert—

“(8) The repayment threshold for a borrower with a post-2012 student loan is an amount of £21,000.”.