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SCHEDULECONSEQUENTIAL AMENDMENTS

2.  In Article 3 (arrangements for loans for students out of money made available by the Department)—

(a)after paragraph (1A) (which is inserted by Article 3(1)) there shall be inserted the following paragraph—

(1B) In this Order—

(a)references to public sector student loans are to loans under arrangements made under paragraph (1); and

(b)references to subsidised private sector student loans are to loans in respect of which arrangements such as are mentioned in paragraph (1A) provide for the payment (at any time or in any circumstances) of subsidy under that paragraph.;

(b)in paragraph (5), for the words “arrangements made under this Article” there shall be substituted the words “public sector student loans and subsidised private sector student loans”.