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Student Loans (Amendment) Act (Northern Ireland) 2011

Commentary on Sections

Section 1

This substantive section amends the Education (Student Support) (Northern Ireland) Order 1998 by extending the Department’s regulation making powers under that Order (and the Education (Student Loans) (Northern Ireland) Order 1990, to the extent that it exists under savings provisions) to provide that a student loan made to a borrower who enters an IVA will be treated in a similar way as it is currently treated under a bankruptcy.

Section 2

This section provides that the new legislation shall be known as the Student Loans (Amendment) Act (Northern Ireland) 2011.

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Explanatory Notes

Text created by the Northern Ireland Assembly department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Northern Ireland Assembly.

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