# The Education (Student Loans) (Northern Ireland) Order 1998, Note: Explanatory note


(This note is not part of the Order)
This Order is made only for purposes corresponding to those of the Education (Student Loans) Act 1998.
This Order facilitates the sale of a portfolio of public sector student loans to financial institutions by enabling the Department of Education to make subsidy payments to the purchaser. It also prevents certain loan terms from being changed once a loan has been made.

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Source: https://www.legislation.gov.uk/nisi/1998/258/note (the official version)
Page: https://openlegislation.uk/education-student-loans-northern-ireland-order-1998/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.