Sale of Student Loans Act 2008 Explanatory Notes

Territorial Application

14.The Act confers on the Welsh Ministers similar powers to sell in relation to loans made by them as the Secretary of State has in relation to loans for which the Secretary of State is responsible(1). The obligation to report to Parliament on sales does not extend to Welsh Ministers or Welsh loan sales.

1

The Secretary of State is responsible for income-contingent repayment student loans made to English- domiciled borrowers and to those non-UK EU-domiciled borrowers studying in English Higher Education institutions.

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