# The Education (Student Loans) (Repayment) (Amendment) Regulations 2011, Regulation 6: Amendment of the Education (Student Loans) (Repayment) Regulations 2009


In regulation 29—
(a) in paragraph (4)(a) for “first £15,000” substitute “repayment threshold”;
(b) in paragraph (4)(b) for “£15,000” substitute “the repayment threshold”; and
(c) after paragraph (6) insert—
“(7) The repayment threshold is—
(a) for any repayment threshold year ending on or before 5 April 2012, an amount of £15,000;
(b) for any repayment threshold year ending after 6 April 2012 but before or on 5 April 2016, an amount equal to X + (X x Y%) and rounded up to the nearest £5 where—
X is the repayment threshold for the previous repayment threshold year,
Y is the percentage increase between the retail prices all items index published by the Office for National Statistics for the two Marches immediately before the commencement of the previous tax year; and
(c) for any repayment threshold year ending on or after 6 April 2016, the amount of the repayment threshold for the previous repayment threshold year;”.

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Source: https://www.legislation.gov.uk/uksi/2011/784/regulation/6 (the official version)
Page: https://openlegislation.uk/education-student-loans-repayment-amendment-regulations-2011/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.