Regulation 3 Amendments to regulation 11 of the principal Regulations

Regulation 11 of the principal Regulations shall be amended as follows.

After paragraph (4) insert the following paragraphs—

“(4A)

A borrower who is an eligible teacher in full-time eligible employment shall not be required to repay any of his student loan during the period he remains eligible under regulation 3(1) of the Teachers' Regulations.

(4B)

A borrower who is an eligible teacher in part-time eligible employment shall not be required to repay the proportion of any of his student loan for which he is eligible for a reduction under the Teachers' Regulations during the period he remains eligible under regulation 3(1) of the Teachers' Regulations.”.

In paragraph (5)(d)(iii) after “cancelled;” insert—

“or

(iv)

the borrower is an eligible teacher in full-time eligible employment;”.

In paragraph (5)(e)(iv) after “paragraph (4)” insert—

“or

(v)

the borrower is an eligible teacher in full-time eligible employment”.

After paragraph (8) insert the following paragraphs—

“(8A)

Where a borrower is an eligible teacher in full-time eligible employment the Secretary of State shall not issue a notice under paragraphs (5)(a) to (d).

(8B)

Paragraph (5) shall apply where—

(i)

a person ceases to be eligible for a reduction under the Teachers' Regulations; or

(ii)

an eligible teacher in full-time eligible employment changes to part-time eligible employment.”.