Regulation 75A How to calculate applicable thresholdF1
The applicable threshold is, in relation to a borrower’s loan, the amount—
(a)
rounded up to the nearest £5 (if necessary), and
(b)
being the product of—
(i)
the repayment threshold for the loan, and
(ii)
the country-specific multiplier for the borrower’s country of residence.
Annotations
Textual amendments
- F1
Reg. 75A inserted (6.4.2023) by The Education (Student Loans) (Repayment) (Amendment) (No. 4) Regulations 2022 (S.I. 2022/1335), regs. 2(2), 60
Notes on Part 5
Textual amendments
- F1
Words in Pt. 5 heading inserted (6.4.2023) by The Education (Student Loans) (Repayment) (Amendment) (No. 4) Regulations 2022 (S.I. 2022/1335), regs. 2(2), 54