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Education (Student Loans) (Repayment) Regulations 2000

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Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: Education (Student Loans) (Repayment) Regulations 2000 No. 944

Application to cease repayment by instalments

57.—(1) A borrower who–

(a)is required to make repayments in accordance with regulation 56, and

(b)who has not been required to repay his student loan in full immediately under regulation 56(6),

may apply to the Secretary of State for a determination that he shall no longer be required to make such payments.

(2) The Secretary of State may determine that a borrower who has applied under paragraph (1) shall not be required to make repayments under this Part from a date specified in his determination, being a date not more than three months earlier and two months later than the date of the determination, if he is satisfied that–

(a)the borrower is resident in the United Kingdom, and

(b)he is likely to be resident in the United Kingdom for the year of assessment during which the date specified in his determination will fall.

(3) A determination under paragraph (2) shall have effect until any further notice under regulation 55 is served on the borrower.

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