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1. These Regulations may be cited as the Repayment of Student Loans (Scotland) Amendment Regulations 2021 and come into force on 6 April 2021.
2. The Repayment of Student Loans (Scotland) Regulations 2000(1) are amended in accordance with regulations 3 to 9.
3. In regulation 2 (interpretation) in the definition of “repayment threshold”—
(a)in paragraph (a)—
(i)for “5th April 2013”, substitute “5 April 2022”,
(ii)for “£15,000” in both places where it appears, substitute “£25,000”,
(b)in paragraph (b), for “6th April 2013”, insert “6 April 2022”.
4. In regulation 9(5)(d)(ii) (refunds), for “such other day as HMRC specifies in order to take account of that adjustment” substitute “the day on which that adjustment is made or the last day of the relevant tax year if the adjustment is made outside the relevant tax year”.
5. In regulation 11B(1) (information notices), for “at the home address of the borrower” substitute “on a borrower”.
6. In regulation 11C(4) (penalties), for “at the home address of the borrower” substitute “on the borrower”.
7. In regulation 11F (service of documents), after “post” insert “or by electronic means”.
8. In regulation 13B (calculation of fixed instalment and applicable threshold)—
(a)in paragraph (1), substitute the table with the following table—
“Band | Price Level Index | Fixed Instalment |
---|---|---|
A | 0<30 | £40.20 |
B | 30<50 | £80.40 |
C | 50<70 | £120.60 |
D | 70<90 | £160.80 |
E | 90<110 | £201.00 |
F | 110<130 | £241.00 |
G | 130+ | £281.40” |
(b)in paragraph (2), substitute the table with the following table—
“Band | Price Level Index | Applicable Threshold |
---|---|---|
A | 0<30 | £5,000 |
B | 30<50 | £10,000 |
C | 50<70 | £15,000 |
D | 70<90 | £20,000 |
E | 90<110 | £25,000 |
F | 110<130 | £30,000 |
G | 130+ | £35,000” |
9. Nothing in these Regulations affects—
(a)any right, privilege, obligation, liability or penalty acquired, accrued or incurred under the Repayment of Student Loans (Scotland) Regulations 2000 or the Education (Student Loans) (Repayment) Regulations 2009, prior to these Regulations coming into force, or
(b)any legal proceeding or remedy in respect of any such right, privilege, obligation, liability or penalty.
RICHARD LOCHHEAD
Authorised to sign by the Scottish Ministers
St Andrew’s House,
Edinburgh
11th January 2021
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