(1) The Minister may determine, in writing, that a revocation of a body's approval as a higher education provider under Subdivision 22 - B is of no effect for the purposes of:
(a) grants to the body under this Chapter; and
(b) assistance payable to the body's students under Chapter 3;
to the extent that the grants or assistance relate to students of the body who have not completed the * courses of study in which they were enrolled with the body on the day referred to in subsection 22 - 20(5).
(2) The determination may be included in the notice of revocation under subsection 22 - 20(3).
(3) The body is taken, for the purposes of this Act, to continue to be a higher education provider, but only to the extent referred to in subsection (1).
(4) Subsection (3) does not prevent the Minister subsequently revoking the body's approval as a higher education provider under this Division.