Paragraph 2 I1

Northern Ireland

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

Sch. 2 para. 1 words substituted by Education (Student Loans) 2001 reg. 2(3)
Sch. 2 para. 1 words inserted by Education (Student Loans) 1999 reg. 4(a)
Sch. 2 para. 3 words substituted by Education (Student Loans) 1999 reg. 4(b)(i)
Sch. 2 para. 3 words inserted by Education (Student Loans) 1999 reg. 4(b)(ii)
Sch. 2 para. 1 words inserted by Personal Independence Payment (Supplementary Provisions and Consequential Amendments) 2016 reg. 19
Sch. 2 para. 1 words substituted by Universal Credit (Consequential, Supplementary, Incidental and Miscellaneous Provisions) 2016 reg. 44
Sch. 2 para. 1(e) words omitted by Universal Credit (Miscellaneous Amendments and Transitional and Savings Provisions) 2017 Sch. 1 para. 4
Sch. 2 para. 1 words inserted by Education (Student Loans) 2005 reg. 8(2)
Sch. 2 para. 4 words substituted by Education (Student Loans) 2005 reg. 8(3)
Sch. 2 para. 4A inserted by Education (Student Loans) 2005 reg. 8(4)
Sch. 2 para. 13A inserted by Education (Student Loans) 2005 reg. 8(5)
Sch. 2 para. 1 words inserted by Education (Student Loans) 2006 reg. 11(2)(a)
Sch. 2 para. 1 words substituted by Education (Student Loans) 2006 reg. 11(2)(b)
Sch. 2 para. 4 words substituted by Education (Student Loans) 2006 reg. 11(3)
Sch. 2 para. 4B inserted by Education (Student Loans) 2006 reg. 11(4)
Sch. 2 para. 13B inserted by Education (Student Loans) 2006 reg. 11(5)
Sch. 2 para. 1 words substituted by Education (Student Loans) 2007 reg. 10(2)
Sch. 2 para. 1 words substituted by Education (Student Loans) 2007 reg. 10(3)
Sch. 2 para. 4 words inserted by Education (Student Loans) 2007 reg. 10(4)
Sch. 2 para. 4C inserted by Education (Student Loans) 2007 reg. 10(5)
Sch. 2 para. 13A words substituted by Education (Student Loans) 2007 reg. 10(6)
Sch. 2 para. 13C inserted by Education (Student Loans) 2007 reg. 10(7)
Sch. 2 para. 1 words inserted by Armed Forces and Reserve Forces Compensation Scheme (Consequential Provisions: Subordinate Legislation) 2013 art. 7(2)
Sch. 2 para. 1 words substituted by Financial Services and Markets Act 2000 (Regulated Activities) 2013 Sch. para. 19

Interest will be calculated daily on the amount of the loan outstanding and will be added to the loan monthly and form part of it until the loan is repaid in full. The lender will continue to charge interest on any overdue payments both before and after judgment and during any period when the borrower does not have to make repayments, including any period of deferment.

Annotations

Commencement

I1: Sch. 2 para. 2 in operation at 1.3.1998, see reg. 1