23.—(1) Regulation 15 (timing of repayments: general) is amended as follows.
(2) In paragraph (1) M1, omit “master's”.
(3) For paragraph (2ZA) M2, substitute —
“(2ZA) Subject to paragraph (2C) a postgraduate degree loan borrower is not required to repay –
(a)any part of a postgraduate master's degree loan, before the start of the following tax year commencing on 6 April after the borrower ceases to be eligible for a loan under Part 1 of the 2016 Master's Degree Regulations or Part 4 of the 2017 Postgraduate Wales Regulations, whether by reason of having completed that course or otherwise;
(b)any part of a postgraduate doctoral degree loan, until the earlier of—
(i)the start of the following tax year commencing on 6 April after the borrower ceases to be eligible for a loan under Part 1 of the 2018 Doctoral Degree Regulations, whether by reason of having completed that course or otherwise; or
(ii)the start of the following tax year commencing on 6 April after the fourth anniversary of the course start date.”.
(4) For paragraph (2C) M3, substitute –
“A borrower is not required to repay any part of the postgraduate degree loan under paragraph (2ZA) before 6 April 2019.”.
(5) In paragraph (7) M4, omit “master's”.
Marginal Citations
M1Paragraph (1) was amended by S.I. 2017/831.
M2Paragraph (ZA) was inserted by S.I. 2017/831.
M3Paragraph (2C) was substituted by S.I. 2017/831.
M4Paragraph (7) was amended by S.I. 2017/831