Graduate Endowment Abolition (Scotland) Act 2008 (asp 3)

(1) Sections 1 and 2 of the 2001 Act are repealed (and consequently the principal regulations are revoked). (2) In schedule 3 to the Further and Higher Education (Scotland) Act 2005 (asp 6), paragraph 10 is repealed.

(1) This section applies to graduate endowment liability in relation to which the due date is 1 April 2008 or after. (2) Any such graduate endowment liability is extinguished. (3) And any such graduate endowment liability (whether extinguished by this section or previously discharged) is to be regarded as having never existed.