OpenLegislation

Paragraph 9 Calculation of contribution – current system studentsI1

United Kingdom Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

In relation to an eligible student who is a current system student, the contribution payable is—

(a)

in any case where the household income exceeds £39,780, £1 for every complete £9.50 by which the household income exceeds £39,780; and

(b)

in any case where the household income is £39,780 or less, nil.

(2)

The contribution must not in any case exceed £6,055.

(3)

The contribution may be adjusted in accordance with paragraph 10, 11 or 12.

(4)

Where sub-paragraph (5) applies, the aggregate contributions must not exceed £6,055.

(5)

This sub-paragraph applies where—

(a)

a contribution is payable in relation to two or more eligible students (other than old system students) in respect of the same income under paragraph 5 or, where the relevant parent’s partner’s residual income is taken into account, under paragraphs 5 and 7; or

(b)

the household income consists of the residual income of an independent eligible student and his partner where both hold a statutory award.

Annotations

Commencement

I1

Sch. 4 para. 9 in force at 1.4.2008, see reg. 1(1)