# The Education (Student Loans) (Repayment) Regulations 2009, Regulation 18A: Division of repayment : more than one loan


(1) This regulation applies if—
(a) a borrower has a combination of plan 1, 2, 4 or 5 loans,
(b) the borrower is required to repay two or more of the loans,
(c) the loans have different repayment thresholds, and
(d) the Authority receives a repayment other than a direct payment.
(1A) The Authority must reduce the outstanding balance of the loans by—
(a) in the case of the loan with the highest repayment threshold, the total amount due in respect of that loan, and
(b) in the case of every other loan, the amount due in respect of each loan less the amount due in respect of the loan (or loans) with a higher repayment threshold.
(1B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) For the purposes of repayments under Part 4 in respect of the tax year beginning on 6 April 2019 or any subsequent tax year, the references in paragraphs (1) and (1A) to the repayment thresholds ... are to be read as references to an apportionment of those thresholds in respect of each month of the tax year in question, calculated by dividing the relevant repayment threshold into twelve equal parts.

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Source: https://www.legislation.gov.uk/uksi/2009/470/regulation/18A (the official version)
Page: https://openlegislation.uk/education-student-loans-repayment-regulations-2009/regulation-18A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.