Regulation 4 Application: generalI1

United Kingdom

F1(1)

These Regulations apply to repayments of student loans F2....

F3(2)

The repayment of a student loan is the payment of the following to the extent they have not been repaid or paid—

(a)

in relation to a plan 1, 2, 3 or 5 loan—

(i)

interest payable under Part 2,

(ii)

penalties, costs, expenses or charges payable under Part 2 or 5, and

(iii)

the principal;

(b)

in relation to a plan 4 loan—

(i)

interest payable under an enactment cited in regulation 3D,

(ii)

penalties, costs, expenses or charges payable under the 2000 (Scotland) Regulations, and

(iii)

the principal.

(3)

The principal of a student loan includes any interest, penalties, costs, expenses or charges added to the principal in accordance with any of the following—

(a)

in relation to a plan 1 loan—

(i)

an enactment cited in regulation 3A;

(ii)

the Education (Student Loans) (Repayment) Regulations 2000;

(iii)

these Regulations;

(b)

in relation to a plan 4 loan—

(i)

an enactment cited in regulation 3D;

(ii)

the 2000 (Scotland) Regulations;

(c)

in relation to any other student loan, these Regulations.

(4)

In relation to a transferred loan, paragraphs (2) and (3) are subject to any provision included in its transfer arrangements.

Annotations

Textual amendments

F1: Rg. 4 renumbered as reg. 4(1) (6.4.2023) by The Education (Student Loans) (Repayment) (Amendment) (No. 4) Regulations 2022 (S.I. 2022/1335), regs. 2(2), 7(1)
F2: Words in reg. 4(1) omitted (6.4.2023) by virtue of The Education (Student Loans) (Repayment) (Amendment) (No. 4) Regulations 2022 (S.I. 2022/1335), regs. 2(2), 7(2)
F3: Reg. 4(2)-(4) inserted (6.4.2023) by The Education (Student Loans) (Repayment) (Amendment) (No. 4) Regulations 2022 (S.I. 2022/1335), regs. 2(2), 7(3)

Commencement

I1: Reg. 4 in force at 6.4.2009, see reg. 1(1)