PART 2

Amendment of regulation 21B28.

(1)

Regulation 21B M1 (interest rate on postgraduate master's degree loans) is amended as follows.

(2)

In the heading, omit “master's”.

(3)

In paragraph 1, omit “master's”.

(4)

For paragraph 2, substitute –

“Interest accrues as of the date that the first payment of the loan is paid out under –

(a)

regulation 13 of the 2016 Master's Degree Regulations;

(b)

regulation 13 of the 2017 Postgraduate Wales Regulations; or

(c)

regulation 13 of the 2018 Doctoral Degree Regulations.”.