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The Graduate Endowment (Scotland) Regulations 2008

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PART IGENERAL

Citation and commencement

1.  These Regulations may be cited as the Graduate Endowment (Scotland) Regulations 2008 and come into force on 30th June 2008.

Interpretation

2.  In these Regulations–

“the 2001 Act” means the Education (Graduate Endowment and Student Support) (Scotland) Act 2001(1);

“the 2007 Regulations” means the Graduate Endowment (Scotland) Regulations 2007(2);

“the 2008 Act” means the Graduate Endowment Abolition (Scotland) Act 2008(3);

“academic year”, in relation to a course, means a period beginning on the first day of the first term of an academic year for that course and ending on the last day of the final term of that academic year for that course;

“fundable higher education” has the meaning given in section 5(3) of the Further and Higher Education (Scotland) Act 2005(4).

“graduate endowment liability” is the liability, existing by virtue of section 1 of the 2001 Act and the 2007 Regulations, of a person to pay to the Scottish Ministers the amount of their graduate endowment and “endowment course” means the course in respect of which the graduate endowment liability arose;

“liable graduate” has the meaning given in the 2007 Regulations; and

“liable student” is a student described in regulation 4.

Application of regulations

3.  These Regulations apply in respect of graduate endowment liability which–

(a)has not been extinguished by the 2008 Act; and

(b)remains outstanding at the date these Regulations come into force,

in respect of any liable student.

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