The Education (Student Loans) (Amendment) (No. 2) (England and Wales) Regulations 2002

This Statutory Instrument has been made in consequence of a defect in S.I. 2002/1329 and is being issued free of charge to all known recipients of that Statutory Instrument.

Statutory Instruments

2002 No. 1433

EDUCATION, ENGLAND AND WALES

The Education (Student Loans) (Amendment) (No. 2) (England and Wales) Regulations 2002

Made

27th May 2002

Laid before Parliament

29th 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) (No. 2) (England and Wales) Regulations 2002 and shall come into force on 1st August 2002 immediately after the coming into force of the Education (Student Loans) (Amendment) (England and Wales) Regulations 2002(2).

(2) These Regulations do not apply in or as regards Scotland(3).

Amendment of Regulations

2.  The Education (Student Loans) Regulations 1998(4) shall be amended as follows.

3.  In regulation 6(1)(a), 6(2)(a) and 6(4) for the figure of £1,070 there shall be substituted the figure of £1,075.

Margaret Hodge

Minister of State,

Department for Education and Skills

27th 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.

These Regulations correct an error in the Education (Student Loans) (Amendment) (England and Wales) Regulations 2002 (S.I. 2002/1329) in the figures for the maximum amounts which may be lent to students in relation to their final academic year (regulation 3), and are issued free of charge to all known recipients of that Statutory Instrument.

(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 The entire Act was repealed on 13th August 1998 by the Teaching and Higher Education Act 1998 (c. 30), section 44(2) and Schedule 4, subject to saving and transitional provisions set out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)

S.I. 2002/1329.

(3)

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).

(4)

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) by the Education (Student Loans) (Amendment) (England and Wales) Regulations 2001 (S.I. 2001/1627) and by the Education (Student Loans) (Amendment) (England and Wales) Regulations 2002 (S.I. 2002/1329).