Regulation 9 Amendments to the Regulations

Regulation 30 shall be amended as follows.

In paragraph (11) after the words ““financial year” means” insert “, subject to paragraph (12),”.

After paragraph (11) insert the following—

“(12)

In the case of an eligible part-time student or his spouse whose income is subject to the income tax legislation of the Republic of Ireland, for the purposes of this regulation his income in the period from 1st January 2001 to 5th April 2001 shall be treated not only as income in the financial year ending on 5th April 2001 but also as income in the period from 6th April 2001 to 31st December 2001 and the latter period shall be treated as a financial year notwithstanding that it is less than 12 months in duration.”.