The Education (Student Loans) (Amendment) (England and Wales) Regulations 2002

Statutory Instruments

2002 No. 1329

EDUCATION, ENGLAND AND WALES

The Education (Student Loans) (Amendment) (England and Wales) Regulations 2002

Made

13th May 2002

Laid before Parliament

14th May 2002

Coming into force

1st August 2002

In exercise of the powers conferred by section 1(2)(b) and (7) of and paragraph 1(1) of Schedule 2 to the Education (Student Loans) Act 1990(1), the Secretary of State for Education and Skills hereby makes the following Regulations—

Citation, commencement and application

1.—(1) These Regulations may be cited as the Education (Student Loans) (Amendment) (England and Wales) Regulations 2002 and shall come into force on 1st August 2002.

(2) These Regulations do not apply in or as regards Scotland(2).

Amendment of Regulations

2.  The Education (Student Loans) Regulations 1998(3) shall be amended as follows.

3.  In regulation 3(1) in the definition of “the Islands” for the words “the Islands” substitute the word “Islands”.

4.  In regulation 6(1) to (4)(4) for each of the figures in the first column below wherever it appears there shall be substituted the corresponding figure in the second column below:

£1,045	£1,070
£1,685	£1,725
£1,430	£1,465
£2,310	£2,365
£1,365	£1,400
£1,870	£1,915

Margaret Hodge

Minister of State,

Department for Education and Skills

13th May 2002

Explanatory Note

(This note is not part of the Regulations)

These Regulations, which come into force on 1st August 2002, amend the Education (Student Loans) Regulations 1998 governing loans made under the Education (Student Loans) Act 1990, which are mortgage style repayment loans made, for the most part, to students who began their courses before 1st August 1998.

In addition to one minor amendment, these Regulations make one change of substance, in increasing the maximum amounts which may be lent to students in relation to an academic year in line with inflation (regulation 4).

(1)

1990 c. 6, amended by the Education (Student Loans) Act 1996 (c. 9), section 1(1) and the Schedule, by the Education Act 1996 (c. 56), Schedule 37, paragraph 98 and Schedule 38, and by the Education (Student Loans) Act 1998 (c. 1), sections 1 to 3. The entire Act was repealed on 13th August 1998 by the Teaching and Higher Education Act 1998 (c. 30), section 44(2) and Schedule 4, subject to saving and transitional provisions set out in the Teaching and Higher Education Act 1998 (Commencement No. 2 and Transitional Provisions) Order 1998 (S.I. 1998/2004). The saving provisions include provision for making subordinate legislation after the date of the repeal.

(2)

The Secretary of State’s functions under the Education (Student Loans) Act 1990 were transferred, in or as regards Scotland, to the Scottish Ministers by virtue of section 53 of the Scotland Act 1998 (c. 46), read with article 3 of and paragraph 11 of Schedule 1 to the Scotland Act 1998 (Functions Exercisable in or as Regards Scotland) Order 1999 (S.I. 1999/1748).

(3)

S.I. 1998/211, amended by the Education (Student Loans) (Amendment) Regulations 1998 (S.I. 1998/1676), by the Education (Student Loans) (Amendment No. 2) Regulations 1998 (S.I. 1998/2005), by the Education (Student Loans) (Amendment) Regulations 1999 (S.I. 1999/1784), by the Education (Student Loans) (Amendment) (England and Wales) Regulations 2000 (S.I. 2000/1804) and by the Education (Student Loans) (Amendment) (England and Wales) Regulations 2001 (S.I. 2001/1627).

(4)

Amended by S.I. 2001/1627.