The Education (Student Loans) (Repayment) Regulations (Northern Ireland) 2000

Interpretation

2.  In these Regulations—

“the 1970 Act” means the Taxes Management Act 1970(1) as amended from time to time both before and after the date of these Regulations;

“the 1988 Act” means the Income and Corporation Taxes Act 1988(2) as amended from time to time both before and after the date of these Regulations;

“the Board” means the Commissioners of Inland Revenue;

“the Order” means the Education (Student Support) (Northern Ireland) Order 1998;

“borrower” means a person to whom the Department has lent money pursuant to regulations made under Article 3 of the Order and who has not received a notice from it that it has been repaid in full or cancelled;

“collector” means a Collector of Taxes;

“Department” means the Department of Higher and Further Education, Training and Employment and includes any person exercising functions on its behalf pursuant to Article 4 of the Order;

“inspector” means an Inspector of Taxes;

“repayment” means a repayment of a student loan;

“student loan” means the total outstanding principal, interest, penalties and charges owed by a borrower to the Department pursuant to these or any other regulations made under Article 3 of the Order, excluding any interest, penalties or charges payable under Part III or IV;

“year of assessment” means the period 6th April to the following 5th April.

(1)

1970 c. 9

(2)

1988 c. 1