{
  "url": "https://openlegislation.uk/education-student-loans-repayment-regulations-2009/regulation-8B",
  "json_url": "https://openlegislation.uk/education-student-loans-repayment-regulations-2009/regulation-8B.json",
  "legislation": "uksi/2009/470",
  "legislation_title": "The Education (Student Loans) (Repayment) Regulations 2009",
  "legislation_url": "https://openlegislation.uk/education-student-loans-repayment-regulations-2009",
  "path": "regulation/8B",
  "kind": "regulation",
  "number": "8B",
  "heading": "How to calculate repayment threshold variable",
  "text": "The repayment threshold variable is, in relation to a repayment threshold year, the sum of—\n(a) one, and\n(b) the percentage increase, expressed as a decimal, in the retail price index between the two Marches immediately before the commencement of the previous repayment threshold year.\nExample\n2.4% is the percentage increase in the retail price index.\n2.4% expressed as a decimal is 0.024.\nThe sum of 1 and 0.024 is 1.024.\nThe repayment threshold variable is 1.024.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Regs. 8A-8C inserted (6.4.2023) by The Education (Student Loans) (Repayment) (Amendment) (No. 4) Regulations 2022 (S.I. 2022/1335), regs. 2(2), 11"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2009/470/regulation/8B",
    "retrieved_at": "2026-10-29T03:16:41.591721+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}