The Education (Postgraduate Doctoral Degree Loans and the Education (Student Loans) (Repayment) (Amendment) (No. 2) etc.) Regulations 2018

Amendment of regulation 7

22.  In regulation 7(1)(1) (application to transferred loans in England and Wales)—

(a) for the definition of “postgraduate master’s degree loan”(2), substitute —

““postgraduate degree loan” means, subject to any provisions of transfer arrangements, the total outstanding—

(a)

principal owed by a person to a loan purchaser in respect of—

(i)

a postgraduate master’s degree loan pursuant to the 2016 Master’s Degree Regulations;

(ii)

a postgraduate master’s degree loan pursuant to the 2017 Postgraduate Wales Regulations; or

(iii)

a postgraduate doctoral degree loan pursuant to the 2018 Doctoral Degree Regulations; and

(b)

interest, penalties and charges owed by a person to a loan purchaser pursuant to these Regulations in connection with the loan made pursuant to the 2016 Master’s Degree Regulations, the 2017 Postgraduate Wales Regulations or the 2018 Doctoral Degree Regulations; and”;

(b) for the definition of “student loan”(3), substitute —

““student loan” means, subject to any provisions of transfer arrangements, the total outstanding principal, interest, penalties and charges owed by a person to a loan purchaser pursuant to—

(a)

these Regulations, other than any interest, penalties and charges owed in connection with the 2016 Master’s Degree Regulations, the 2017 Postgraduate Wales Regulations or the 2018 Doctoral Degree Regulations; and

(b)

any other Regulations made under section 22 of the 1998 Act, other than the 2016 Master’s Degree Regulations, the 2017 Postgraduate Wales Regulations or the 2018 Doctoral Degree Regulations.”.

(1)

Regulation 7(1) was amended by S.I. 2017/831.

(2)

The definition of “postgraduate master’s degree loan” was inserted by S.I. 2017/831.

(3)

The definition of “student loan” was amended by S.I. 2017/831.