Volunteer exemption - clarification

The Student Loan Scheme Act 1992 has been amended to clarify that a borrower may only obtain the benefit of the volunteer exemption if the organisation for which the borrower is working was a 'named' organisation at the time the borrower did that work.

Section 38AE(1)(b) of the Student Loan Scheme Act 1992

The Student Loan Scheme Act 1992 has been amended to clarify that a borrower may only obtain the benefit of the volunteer exemption if the organisation for which the borrower is working was a 'named' organisation at the time the borrower did that work.

Application date

The amendment applies from the day after Royal assent - 7 March 2010.