Regulation 3

In sub-paragraph (d) of paragraph (5) of regulation 11 for the words “the final year of assessment in respect of which the borrower shall be required to make repayments under Part III because” there shall be substituted the words “the year of assessment in respect of which the borrower shall cease to be required to make repayments under Part III because”.

In sub-paragraph (ii) of that paragraph for the words “following the date of issue of the notice” there shall be substituted the words “in the year of assessment immediately following the year of assessment in which the notice is issued”.

In paragraph (6) of regulation 11 the word “final” shall be deleted.

After paragraph (9) of that regulation there shall be inserted the following paragraphs—

“(10)

Without prejudice to regulation 6 a notice may be given to the Board by the Secretary of State under this regulation by transmitting it electronically to the Board.

(11)

A notice is transmitted electronically for the purposes of paragraph (10) where the particulars contained in the notice are transmitted by electronic means from a computer system operated by or on behalf of the Secretary of State to the Board’s computer system and accepted by the Board’s computer system.

(12)

If notices under paragraph (5) or (7) fall to be given to the Board in respect of two or more borrowers, one notice may be given by the Secretary of State in respect of all of those borrowers containing, in respect of each of them, the particulars specified in paragraph (5).”.