Regulation 10 Amendment of regulation 29 (time for and amount of repayments)

in paragraph (7), after “(8)” insert “, (8B)”;

after paragraph (8A) insert—

“(8B)

Subject to paragraph (9), the repayment threshold in relation to a Scottish student loan is that set out in regulation 2 (interpretation) of the Repayment of Student Loans (Scotland) Regulations 2000 as that regulation had effect on the day on which these Regulations come into force^f2.”;

for paragraph (9) substitute—

“(9)

The repayment threshold is that set out in paragraph (7)(a) or (b) (as the case may be) where—

(a)

a borrower has a post-2012 student loan and a student loan which is neither a post-2012 student loan nor a Scottish student loan;

(b)

a borrower has—

(i)

a student loan which is neither a post-2012 student loan nor a Scottish student loan; and

(ii)

a Scottish student loan;

(c)

a borrower has—

(i)

a student loan which is neither a post-2012 student loan nor a Scottish student loan;

(ii)

a post-2012 student loan; and

(iii)

a Scottish student loan.

(10)

The repayment threshold where a borrower has a post-2012 student loan and a Scottish student loan is that set out in paragraph (8B).”.