Paragraph 2
(1)
This paragraph shall apply where the student has dependants within the meaning of Part III of Schedule 2.
(2)
In the case of such a student—
(a)
the sum to be disregarded under paragraph l (l) (a) of Schedule 3 shall be £1,960 instead of £900; or
(b)
where he has made an election in accordance with paragraph 3, his requirements under paragraph 13 of … Schedule 2 shall be treated as increased by the sum of £1,125,
whichever is the most favourable to him (disregarding sub-paragraph (b) where, in pursuance of the following paragraph, he elects as mentioned therein).
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