Explanatory note

These Regulations amend the Education (Student Loans) (Repayment) Regulations 2000 (S.I. 2000/944) (“the principal Regulations”) in consequence of the Education (Teacher Student Loans) (Repayment etc.) Regulations 2002 (S.I. 2002/2086) (“the Teachers' Regulations”). The Teachers' Regulations provide for the reduction of amounts payable in respect of student loans made pursuant to regulations made under section 22 of the Teaching and Higher Education Act 1998 (c. 30) to teachers who meet certain eligibility conditions.

Regulation 3 amends the principal Regulations to remove the liability on such teachers in full-time employment to repay student loans, to remove the liability on such teachers in part-time employment to repay the proportion of student loans for which they are eligible for a reduction under the Teachers' Regulations, to require the Secretary of State not to issue a notice to the Inland Revenue to commence the collection of repayments and to issue a notice to the Inland Revenue to stop the collection of repayments (where they have already commenced) in relation to such teachers.

Regulation 4 amends the principal Regulations to allow the Secretary of State to refund to a borrower who is an eligible teacher any voluntary repayments made after he commenced such employment or 1st September 2002 whichever is the later.

Regulation 5 amends the principal Regulations to exclude from the calculations of a borrower’s total income (from which the amount of repayments under the principal Regulations is calculated) in relation to an eligible teacher any income above £10,000 received from eligible employment and in relation to any borrower any repayment or reduction of loans made under the Teachers' Regulations.

Regulation 6 amends the principal Regulations to remove the requirement on an employer to deduct repayments from the salary of a borrower in relation to an eligible teacher where the Secretary of State has notified the employer so in writing. Regulation 7 amends the principal Regulations to require an employer to produce to an officer authorised by the Commissioners of Inland Revenue when required this written notification.