Search Legislation

Sale of Student Loans Act 2008

40.The Commissioners for Revenue and Customs Act 2005 sets out exceptions to the requirement that all money collected by HMRC is paid into the Consolidated Fund. At present, one of those exceptions arises when money is owed specifically to a Government Minister because it relates to financial support for students. Section 6 therefore also contains an amendment which alters the wording of the 2005 Act so that the exception is expanded to cover money that is owed to either a Government Minister or another person (i.e. a loan purchaser).

Back to top

Options/Help