Jamaica - Export Crops Project : Loan 2414 - Loan Agreement - Conformed
In section 1 of the Education (Student Loans) Act 1990 (arrangements for loans for students out of money made available by Secretary of State), after subsection (1) insert—
The Schedule to this Act (which makes amendments in consequence of subsection (1) above) shall have effect.
An Order in Council under sub-paragraph (1)(b) of paragraph 1 of Schedule 1 to the Northern Ireland Act 1974 (legislation for Northern Ireland in the interim period) which contains a statement that it is made only for purposes corresponding to the purposes of section 1 above and the Schedule to this Act—
shall not be subject to sub-paragraphs (4) and (5) of that paragraph (affirmative resolution of both Houses of Parliament), but
shall be subject to annulment in pursuance of a resolution of either House of Parliament.
There shall be paid out of money provided by Parliament—
any sums required by the Secretary of State for paying subsidy in respect of private sector student loans, and
any increase attributable to this Act in the expenses of the Secretary of State under the Education (Student Loans) Act 1990.
This Act may be cited as the Education (Student Loans) Act 1996.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Apart from— this Act does not extend to Northern Ireland.
section 2 above,
(as respects institutions in Northern Ireland) paragraph 3(3) of the Schedule to this Act, and
this section,
The Education (Student Loans) Act 1990 is amended in accordance with this Schedule.
Section 1 (arrangements for loans for students out of money made available by Secretary of State) is amended as follows. After subsection (1A) (which is inserted by section 1 of this Act) insert— In subsection (5), for “arrangements made under this section” substitute “ public sector student loans and subsidised private sector student loans ”.
Schedule 2 (provisions about loans out of money made available by Secretary of State) is amended as follows. In paragraph 1— and, accordingly, in the heading immediately preceding that paragraph, for “Principal,” substitute “ Public sector student loans: principal, ”. In paragraph 2— . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . For sub-paragraph (8) of paragraph 3 substitute— In paragraph 4— In paragraphs 5(3) and 6, for “loan under the arrangements” substitute “ public sector student loan or subsidised private sector student loan ”.