Regulation 14 Amendment of the Education (Student Loans) (Repayment) Regulations 2009
In regulation 76—
(a)
in paragraph (1), delete the table and insert—
“
Band Price level index Fixed instalment for student loans which are not post-2012 student loans A 0<30 £49.20 B 30<50 £98.40 C 50<70 £147.60 D 70<90 £196.80 E 90<110 £246 F 110<130 £295.20 G 130+ £344.40 Band Price level index Fixed instalment for post-2012 student loans A 0<30 £40.20 B 30<50 £80.40 C 50<70 £120.60 D 70<90 £160.80 E 90<110 £201.00 F 110<130 £241.20 G 130+ £281.40 Band Price level index Applicable threshold for student loans which are not post-2012 student loans A 0<30 £3,160 B 30<50 £6,320 C 50<70 £9,480 D 70<90 £12,640 E 90<110 £15,795 F 110<130 £18,955 G 130+ £22,115 Band Price level index Applicable threshold for post-2012 student loans A 0<30 £4,200 B 30<50 £8,400 C 50<70 £12,600 D 70<90 £16,800 E 90<110 £21,000 F 110<130 £25,200 G 130+ £29,400 ”
(b)
in paragraph (1A)—
(i)
for “2012” substitute “2013”;
(ii)
for each occurrence of “Applicable threshold” substitute “Applicable threshold for student loans which are not post-2012 student loans”; and
(iii)
delete “in the amount”;
(c)
in paragraph (3), for “Eurostat” substitute “the World Bank’s Development Indicators”;
(d)
delete paragraph (4);
(e)
in paragraph (5), delete “or (4)”.