12.—(1) The 1998 Order (arrangements for giving financial support to students) is amended as follows.
(2) In Article 3(2)(i), for “which have previously made loans of any prescribed description to those persons” substitute “ to which those persons are liable to make payments ”.
(3) Article 3(7) (which provides that regulations made by virtue of paragraph (2)(b) of that Article are to be subject to approval in draft by the Assembly in certain circumstances) shall cease to have effect.
(4) In Article 8 (regulations) for paragraph (3) substitute—
“(3) Paragraph (1) also does not apply to any other regulations under Article 3 a draft of which has been laid before, and approved by resolution of, the Assembly.”.