10 Amendment of regulation 18
1 Regulation 18 (direct debit repayment) is amended as follows.
2 In paragraph (1)—
(a) in the words before paragraph (a), for “will apply”, substitute “applies”;
(b) in paragraph (a), after “outstanding balance”, insert “of a student loan or a postgraduate master’s degree loan (“the relevant loan”)”;
(c) in paragraph (b), for “the student loan”, substitute “the relevant loan”;
(d) in paragraph (c), for “the loan”, substitute “the relevant loan”.
3 In paragraphs (2) and (5), after “deductions”, insert “in respect of the relevant loan”.
4 In paragraph (3), after “outstanding balance”, insert “of the relevant loan”.