1. These Regulations may be cited as the Education (Student Loans) (Scotland) Regulations 2000 Amendment Regulations 2001 and shall come into force on 1st August 2001.
2. The Education (Student Loans) (Scotland) Regulations 2000(1) are amended as follows.
3. In the definition of “eligible student” in regulation 2(1), in regulations 3(4), 4(2), 4(2)(f) and 7(2), for “attendance at”, and in regulation 6(1) for “attendance on”, there is substituted “undertaking”.
4. In regulations 3(4), 7(1)(a)–(c), 9(2)(c) and 12(5), for “attend”, there is substituted “undertake”.
5. In regulation 2(2) in each place where it occurs, and in regulations 3(4) and 13(8) for “attending” there is substituted “undertaking”.
6. In regulation 4(2)(g)–
(a)after “part-time course,” there is inserted “on the relevant date”;
(b)“has” is omitted;
(c)at the beginning of paragraphs (i), (iii) and (iv), “has” is inserted; and
(d)in paragraph (ii), for “been” there is substituted “is” and “for at least two years” is omitted.
7. In regulations 6(3) and 6(9) “signed” is omitted.
8. In regulation 13(5), after “course” there is inserted “if attendance at the course is a requirement of it”.
9. For regulation 15(1) there is substituted–
“Subject to paragraph (2), loans made in each twelve month period commencing on each 1st August shall bear interest at a rate which will result in an annual percentage rate of charge determined in accordance with the Consumer Credit (Total Charge for Credit) Regulations 1980(2) equal to the percentage by which the retail prices all items index published by the Office for National Statistics for the month of March immediately preceding the commencement of that period has increased compared with that for the previous March.”.
ALASDAIR MORRISON
Authorised to sign by the Scottish Ministers
St Andrew’s House,
Edinburgh
11th June 2001