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7.—(1) After paragraph (3A) of regulation 40 of the Income Support Regulations(1) (calculation of income other than earnings) there shall be inserted the following paragraph—
“(3B) In the case of income to which regulation 29(2B) applies (calculation of income of former students), the amount of income to be taken into account for the purposes of paragraph (1) shall be the amount of that income calculated in accordance with regulation 32(6A) and on the basis that none of that income has been repaid.”.
(2) After paragraph (5) of regulation 103 of the Jobseeker’s Allowance Regulations (calculation of income other than earnings) there shall be inserted the following paragraph—
“(5A) In the case of income to which regulation 94(2B) applies (calculation of income of former full-time students), the amount of income to be taken into account for the purposes of paragraph (1) shall be the amount of that income calculated in accordance with regulation 97(7) and on the basis that none of that income has been repaid.”.
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