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23. In paragraph 78 (treatment of student loans)—
(a)in sub-paragraph (2)(b) omit “and for the purposes of this paragraph, “quarter” (“chwarter”) has the same meaning as for the purposes of the Education (Student Support) Regulations 2005”;
(b)after sub-paragraph (5) insert—
“(6) For the purposes of this paragraph “quarter” (“chwarter”) in relation to an academic year means a period in that year—
(a)beginning on 1 January and ending on 31 March;
(b)beginning on 1 April and ending on 30 June;
(c)beginning on 1 July and ending on 31 August; or
(d)beginning on 1 September and ending on 31 December”.
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