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Paragraph 4

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The borrower must make the first repayment in the April after he completes or leaves his course unless—

(a)

the borrower defers repayments under paragraph 9;

(b)

the lender cancels the borrower’s loan under paragraph 12; or

(c)

paragraph 13 applies.