Student Loans (Amendment) Act (Northern Ireland) 2011
|Document Number:||2011 CHAPTER 2|
|Coming into force:||Coming into force on the 25/01/2011|
An Act to amend the law relating to student loans.
[25 th January 2011]
BE IT ENACTED by being passed by the Northern Ireland Assembly and assented to by Her Majesty as follows:
Student loans: effect of voluntary arrangement
1.—(1) In Article 3(3) of the Education (Student Support) (Northern Ireland) Order 1998 (NI 14) (new arrangements for giving financial support to students) after sub-paragraph (f) insert—
“(g) with respect to sums which a borrower receives, or is entitled to receive, under such a loan before or after a voluntary arrangement under Chapter 2 of Part 8 of the Insolvency (Northern Ireland) Order 1989 (individual voluntary arrangements) takes effect in respect of the borrower;
(h) excluding or modifying the application of Chapter 2 of Part 8 of that Order in relation to liability to make repayments in respect of such a loan (whether the repayments relate to sums which the borrower receives, or is entitled to receive, before or after a voluntary arrangement takes effect in respect of the borrower).”.
(2) Subsections (3) and (4) have effect in relation to the Education (Student Loans) (Northern Ireland) Order 1990 (NI 11) to the extent that that Order continues in operation by virtue of any savings made, in connection with its repeal by the Education (Student Support) (Northern Ireland) Order 1998 (NI 14) , by an order under Article 1(3) of that Order.
(3) In Schedule 2 (loans for students) , in paragraph 5(1) for “or 283” substitute “, 283 or 283 A”.
(4) In Schedule 2 , after paragraph 5 insert—
“6.—(1) This paragraph applies to a sum by...
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