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

In regulation 3 (Interpretation)—

(a)

after the definition of “repayment” insert—

““repayment threshold” means an amount given in regulation 24(6);

“repayment threshold Year” means: the period from 6th April to 5th 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 31 and 35(1) and (2) means the period from 6th April to 5th 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 th April 2009 (and any corresponding expression in which two years are similarly mentioned is to be read in the same way);”.