# The Education (Student Support) (Miscellaneous Amendments) (Wales) Regulations 2020, Regulation 6: Amendments to the Education (Student Support) (Wales) Regulations 2018


In paragraph 16 of Schedule 3 (calculation of income)—
(a) for sub-paragraph (3) substitute—
“(3) The applicable financial year is CY if the Welsh Ministers are satisfied that—
(a) where P is one of two persons whose residual incomes are aggregated under paragraph (b)(i) or (ii) of List A in paragraph 3(1), the aggregate of the residual incomes of P and the other person for CY is likely to be at least 15% lower than the aggregate of the residual incomes of P and the other person for PY-1, or
(b) in any other case, P’s residual income for CY is likely to be at least 15% lower than P’s residual income for PY-1.”;
(b) for sub-paragraph (5) substitute—
“(5) Where this sub-paragraph applies—
(a) the applicable financial year is CY if the Welsh Ministers are satisfied that—
(i) where P is one of two persons whose residual incomes are aggregated under paragraph (b)(i) or (ii) of List A in paragraph 3(1), the aggregate of the residual incomes of P and the other person for CY is likely to be at least 15% lower than the aggregate of the residual incomes of P and the other person for PY, or
(ii) in any other case, P’s residual income for CY is likely to be at least 15% lower than P’s residual income for PY;
(b) otherwise, the applicable financial year is PY.”

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Source: https://www.legislation.gov.uk/wsi/2020/142/regulation/6 (the official version)
Page: https://openlegislation.uk/education-student-support-miscellaneous-amendments-wales-regulations-2020/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.