Regulation 5 I1

Regulation 4 (Conditions of eligibility) shall be amended as provided by paragraph (2).

After paragraph (1), there shall be inserted—

“(1A)

Subject to paragraphs (1C) and (2), a person shall be eligible for an old loan in relation to an old academic year if—

(a)

he attended throughout that academic year—

(i)

a full-time course; or

(ii)

a full-time or a part-time course for the initial training of teachers which is designated by the Department;

(b)

in a new academic year, he—

(i)

continues to attend the course referred to in sub-paragraph (a); or

(ii)

is attending a further course of study which is a full-time or a part-time course for the initial training of teachers which is designated by the Department;

(c)

he is a person mentioned in paragraph 6A of Schedule 1; and

(d)

he has entered into an agreement for the loan before 1st August 2006.

(1B)

For the purposes of paragraph (1A)(c), the reference to “the course” in paragraph 6A of Schedule 1 is to be treated as a reference to the course referred to in paragraph (1A)(a)(i) or (ii).

(1C)

Paragraph (1A) shall not apply to a person who would have been eligible for a loan under paragraph (1) had he applied for that loan before 1st August 2005.”.