Amendment of regulation 29 (time for and amount of repayments)

10.  In regulation 29(1)—

(a) in paragraph (7), after “(8)” insert “, (8B)”;

(b) after paragraph (8A) insert—

“(8B) Subject to paragraph (9), the repayment threshold in relation to a Scottish student loan is that set out in regulation 2 (interpretation) of the Repayment of Student Loans (Scotland) Regulations 2000 as that regulation had effect on the day on which these Regulations come into force(2).”;

(c) for paragraph (9) substitute—

“(9) The repayment threshold is that set out in paragraph (7)(a) or (b) (as the case may be) where—

(a) a borrower has a post-2012 student loan and a student loan which is neither a post-2012 student loan nor a Scottish student loan;

(b) a borrower has—

(i) a student loan which is neither a post-2012 student loan nor a Scottish student loan; and

(ii) a Scottish student loan;

(c) a borrower has—

(i) a student loan which is neither a post-2012 student loan nor a Scottish student loan;

(ii) a post-2012 student loan; and

(iii) a Scottish student loan.

(10) The repayment threshold where a borrower has a post-2012 student loan and a Scottish student loan is that set out in paragraph (8B).”.

(1)

Regulation 29 was amended by S.I. 2012/1309, 2013/607, 2014/651, 2017/831 and 2018/284; there are other amending instruments but none is relevant.

(2)

S.S.I. 2000/110, amended by S.S.I. 2012/22, 2016/82 and 2021/8; there are other amending instruments but none is relevant.