Regulation 29 Time for and amount of repaymentsI1

which is specified in a notice under regulation 15(3)(a) or which, subject to paragraph (2), is any subsequent year up to and including any year specified in a notice under regulation 15(3)(d); and

for which the borrower has been required to make and deliver a return under section 8 of the 1970 Act.

in the case of a F3plan 1, 2, 4 or 5 loan, 9% of the borrower’s total income for that year,

in the case of a F4plan 3 loan, 6% of the borrower’s total income for that year,

excluding the F8repayment threshold;

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

excluding unearned income unless the amount of such income for that year exceeds £2,000;

excluding incapacity benefit payable under the Social Security Contributions and Benefits Act 1992^f1;

excluding amounts chargeable to tax under Chapters 5, 6, 7 or 10 of Part 3 of the 2003 Act (benefits in kind);

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

excluding Employment and Support Allowance paid under the Welfare Reform Act 2007^f2;

deducting the amount of any loss in respect of which relief is given under any of the following—

deducting the amount of any payment in respect of which relief is given under section 96 of the 2007 Act (relief for post-cessation expenditure);

deducting any amounts in respect of which relief is given under Part 4 Chapter 4 of the Finance Act 2004 (pension schemes etc)^f3 and that have not been included in the calculation of total income at step 1 of section 23 of the 2007 Act^f4.

income charged under the provisions of either the 2003 Act or Part 2 of F12the Income Tax (Trading and Other Income) Act 2005 except jobseeker’s allowance to which Chapter 3 of Part 10 of the 2003 Act applies; and

the profits of a UK furnished holiday lettings business within the meaning of section 127(2) of the 2007 Act.