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Regulation 3 Amendment of the Education (Student Loans) (Repayment) Regulations 2009

Original text. Later amendments are not shown.

In regulation 3—

(a)

after the definition of “repayment” insert—

  • ““repayment threshold” has the meaning given to it in regulation 29 (7);

  • “repayment threshold year” means the period from 6 April to 5 April of the following year;”;

(b)

in the definition of “tax year”—

(i)

in sub-paragraph (b) before “for the purpose of Part 3” insert “subject to sub-paragraph(c),”;

(ii)

after sub-paragraph (b) insert—

“(c)

for the purposes of regulations 36 and 40(1) and (2) means the period from 6 April to 5 April of the following year”; and

(c)

after the definition of “tax year” insert—

  • ““tax year 2009–10” for the purpose of Part 3 means the tax year beginning on 6 April 2009 (and any corresponding expression in which two years are similarly mentioned is to be read in the same way);”.