{
  "url": "https://openlegislation.uk/education-student-loans-regulations-northern-ireland-1998/schedule-2/paragraph-2",
  "json_url": "https://openlegislation.uk/education-student-loans-regulations-northern-ireland-1998/schedule-2/paragraph-2.json",
  "legislation": "nisr/1998/58",
  "legislation_title": "The Education (Student Loans) Regulations (Northern Ireland) 1998",
  "legislation_url": "https://openlegislation.uk/education-student-loans-regulations-northern-ireland-1998",
  "path": "schedule/2/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "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.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 2 in operation at 1.3.1998, see reg. 1"
    }
  ],
  "outstanding_effects": [
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      "affecting_title": "The Education (Student Loans) (Amendment) Regulations (Northern Ireland) 2001"
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    },
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      "type": "words omitted",
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      "affecting_title": "The Universal Credit (Miscellaneous Amendments and Transitional and Savings Provisions) Regulations (Northern Ireland) 2017"
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  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/1998/58/schedule/2/paragraph/2",
    "retrieved_at": "2026-10-29T02:25:15.796884+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}