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The Education (Student Loans) (Amendment) (England and Wales) Regulations 2003

S.I. 2003/1647 · Made 24 June 2003

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

EDUCATION, ENGLAND AND WALES

Made 24th June 2003

Laid before Parliament 2nd July 2003

Coming into force 1st August 2003

In exercise of the powers conferred by section 1(2) and (7) of and paragraph 1 of Schedule 2 to the Education (Student Loans) Act 1990f1, the Secretary of State for Education and Skills hereby makes the following Regulations:–

Annotations to the whole text

Footnotes

f1

1990 c. 6, amended by the Education (Student Loans) Act 1996 (c. 9), section 1(1) and the Schedule, by the Education Act 1996 (c. 56), Schedule 37 paragraph 98 and Schedule 38, and by the Education (Student Loans) Act 1998 (c. 1.), sections 1 to 3. The entire Act was repealed on 13th August 1998 by the Teaching and Higher Education Act 1998 (c. 30), section 44(2) and Schedule 4, subject to transitional and saving provisions in the Teaching and Higher Education Act 1998 (Commencement No.2 and Transitional Provisions) Order 1998 (S.I.1998/2004). The saving provisions include provision for making subordinate legislation after the date of repeal.

Contents

  1. 1Citation, commencement and application
  2. 2Amendments
  3. Signature
  4. Explanatory note

1Citation, commencement and application

(1)

These Regulations may be cited as the Education (Student Loans) (Amendment) (England and Wales) Regulations 2003 and shall come into force on 1st August 2003.

(2)

These Regulations do not apply in or as regards Scotland f1.

2Amendments

(1)

The Education (Student Loans) Regulations 1998f1 shall be amended as follows.

(2)

In regulation 6(1) to (4) for each of the figures in the first column below wherever it appears there shall be substituted the corresponding figure in the second column below:

First columnSecond Column
1,0751,100
1,7251,765
1,4651,500
2,3652,420
1,4001,430
1,9151,960

Signature

Alan Johnson

Minister of State,

Department of Education and Skills

24th June 2003

Explanatory note

(This note is not part of the Regulations)

These Regulations which come into force on 1st August 2003 amend the Education (Student Loans) Regulations 1998 which govern mortgage style repayment loans made under the Education (Student Loans) Act 1990, to students who, for the most part, began their courses before 1st August 1998.

These Regulations increase the maximum amounts which may be lent to students in relation to an academic year in line with inflation.