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Statutory Rules of Northern Ireland |
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You are here: BAILII >> Databases >> Statutory Rules of Northern Ireland >> The Student Fees (Inflation Index) Regulations (Northern Ireland) 2023 No. 136 URL: http://www.bailii.org/nie/legis/num_reg/2023/nisr_2023136_en_1.html |
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This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Statutory Rules of Northern Ireland
Education
Made
20th September 2023
Coming into operation
13th October 2023
1. These Regulations may be cited as The Student Fees (Inflation Index) Regulations (Northern Ireland) 2023 and come into operation on 13th October 2023.
2. The index of prices to which the Department is required by Articles 4(11)(a)(i) and (b)(i) of the 2005 Order to have regard in satisfying itself that any increase to the basic and higher amounts is no greater than is required to maintain the value of the amount in real terms, is the All Items Retail Prices Index Excluding Mortgage Interest Repayments published by the Office for Budget Responsibility.
Sealed with the Official Seal of the Department for the Economy on 20th September 2023.
Mark Lee
A senior officer of the Department for the Economy
(This note is not part of the Regulations)
Article 4(12) of the 2005 Order enables the Department to specify an index of prices to which it must have regard in deciding whether any increase in the basic and higher tuition fee amounts is no greater than required to maintain the value of the amounts in real terms as specified under.
These Regulations set out that index.
The index is published by the Office for Budget Responsibility. The basic and higher tuition fee amounts are prescribed by the Student Fees (Amounts) Regulations (Northern Ireland) 2005 S.R.2005 No.290.
A Section 75 assessment is not required as there is no change to existing policy.
Formerly the Department for Employment and Learning;seeArticle 6(1)(c) of the Departments (Transfer of Functions) Order (Northern Ireland) 2016 ( S.R. 2016 No.76).
