The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2013

Interpretation

3.  In these Regulations—

“the 1998 Act” (“Deddf 1998”) means the Teaching and Higher Education Act 1998;

“the 2008 Act” (“Deddf 2008”) means the Sale of Student Loans Act 2008(1);

“academic year” (“blwyddyn academaidd”) means the period of twelve months beginning on 1 September, 1 January, 1 April or 1 July of the calendar year in which the academic year of the course in question begins, according to whether that academic year begins on or after 1 August but before 1 January, on or after 1 January but before 1 April, on or after 1 April but before 1 July, or on or after 1 July but before 1 August, respectively;

“Academic Year 2013/2014” (“Blwyddyn Academaidd 2013/2014”) means an academic year which begins on or after 1 September 2013 but before 1 September 2014;

“the borrower” (“y benthyciwr”) means a person who has received a loan for living costs from the Welsh Ministers in respect of the Academic Year 2013/2014;

“loan for living costs” (“benthyciad at gostau byw”) is a loan received from the Welsh Ministers in respect of the Academic Year 2013/2014 under regulations made pursuant to section 22 of the 1998 Act(2);

“the Outstanding Liability” (“yr Atebolrwydd sydd heb ei Dalu”) has the meaning given in regulation 7;

“the Repayment Date” (“y Dyddiad Ad-dalu”) means the day after the date on which the borrower’s first loan repayment is considered to have been received by either Her Majesty’s Revenue and Customs or the Welsh Ministers, whichever is considered (in accordance with regulations made under section 22 of the 1998 Act(3)) to have received it first;

“the Satisfaction Date” (“y Dyddiad Bodloni”) has the meaning given in regulation 9;

“the Specified Amount” (“y Swm Penodedig”) has the meaning given in regulation 6; and

“Welsh Ministers” (“Gweinidogion Cymru”) includes any person to whom they have transferred or delegated their functions under section 23 of the 1998 Act or to whom they have transferred their rights under section 9 of the 2008 Act.

(1)

2008 c.10.

(2)

The Welsh Ministers disburse loans for living costs in respect of the Academic Year 2013/2014 in accordance with Part 6 of the Education (Student Support) (Wales)_ Regulations 2012 (S.I. 2012/3097) (W.313) amended by S.I. 2013/765 (W.91).

(3)

At the time of making these Regulations, the date on which a borrower’s repayment is considered to have been received is determined in accordance with regulation 17 of the Education (Student Loans) (Repayment) Regulations 2009 (S.I. 2009/470) as amended by S.I. 2010/661, S.I. 2010/1010, S.I. 2011/784 , S.I. 2012/836 and S.I. 2013/607.