# The Education (Student Loans) (Repayment) (Amendment) (No. 4) Regulations 2022, Regulation 7: Amendments to regulation 4 (application: general)

Extent: E+W

(1) The existing text of regulation 4 is renumbered as paragraph (1).
(2) In regulation 4(1), omit “and postgraduate degree loans made under the 1998 Act”.
(3) After regulation 4(1) insert—
“(2) The repayment of a student loan is the payment of the following to the extent they have not been repaid or paid—
(a) in relation to a plan 1, 2, 3 or 5 loan—
(i) interest payable under Part 2,
(ii) penalties, costs, expenses or charges payable under Part 2 or 5, and
(iii) the principal;
(b) in relation to a plan 4 loan—
(i) interest payable under an enactment cited in regulation 3D,
(ii) penalties, costs, expenses or charges payable under the 2000 (Scotland) Regulations, and
(iii) the principal.
(3) The principal of a student loan includes any interest, penalties, costs, expenses or charges added to the principal in accordance with any of the following—
(a) in relation to a plan 1 loan—
(i) an enactment cited in regulation 3A;
(ii) the Education (Student Loans) (Repayment) Regulations 2000;
(iii) these Regulations;
(b) in relation to a plan 4 loan—
(i) an enactment cited in regulation 3D;
(ii) the 2000 (Scotland) Regulations;
(c) in relation to any other student loan, these Regulations.
(4) In relation to a transferred loan, paragraphs (2) and (3) are subject to any provision included in its transfer arrangements.”.

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Source: https://www.legislation.gov.uk/uksi/2022/1335/regulation/7 (the official version)
Page: https://openlegislation.uk/education-student-loans-repayment-amendment-no-4-regulations-2022/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.