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BUSINESS BULLETIN 32 / 2001

Monday 26 February 2001

Section G - Bills, amendments to Bills and proposals for members’ Bills

 

 

 

New Amendments to Bills lodged on 23 January 2001

Education (Graduate Endowment and Student Support) (Scotland) (No.2) Bill - Stage 2

Section 3

Mr Kenny MacAskill

1 In section 3, page 3, line 20 at end insert-

<( ) After subsection (10) of section 73B there shall be inserted-

"(10A) Regulations to which this section applies shall make provision for a borrower not to be liable to make any repayment in respect of a loan to meet the borrower's liability under section 1 of the Education (Graduate Endowment and Student Support) (Scotland) Act 2001 (asp 00) (payment of the graduate endowment) until such time as the borrower's annual earnings exceed 25,000, and that this figure will be adjusted annually in line with the average earnings index.

(10B) In subsection (10A)-

"earnings" means gross earnings and includes any remuneration or profit derived from the borrower's employment or other source; and

"the average earnings index" means the general index of average earnings (for all employees: whole economy: seasonally adjusted) published by the Department for Education and Employment.">

 

Mr Brian Monteith

1A As an amendment to amendment 1, line 7, leave out <25,000> and insert <20,000>

 

 

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