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The Education (Student Support) (No. 2) Regulations 2002 (Amendment) Regulations 2005
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- 2005 No. 5
- Regulation 4
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Amendment of the 2002 Regulations
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4. In regulation 39 substitute for paragraph (2) the following–
“(2) In Northern Ireland—
(a)there shall not be treated as part of a bankrupt’s estate or claimed for his estate under Article 280 or 283 of the Insolvency (Northern Ireland) Order 1989(1) any sum payable to an eligible student by way of a loan and which he receives or is entitled to receive after the commencement of the bankruptcy, whether his entitlement arises before or after the commencement of his bankruptcy; and
(b)there shall not be included in a person’s bankruptcy debts any debt or liability to which he is or may become subject in respect of any sum payable to an eligible student by way of a loan and which he receives or is entitled to receive—
(i)in the case of a bankruptcy commencing before 1st March 2005, after the commencement of the bankruptcy; or
(ii)in the case of a bankruptcy commencing on or after 1st March 2005, before or after the commencement of the bankruptcy.”.
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