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1991 No. 364 EDUCATION SERVICES FOR OVERSEAS STUDENTS (REGISTRATION OF PROVIDERS AND FINANCIAL REGULATION) REGULATIONS - REG 6
Allowable cost for provision of a course
6. If, in relation to a course provided to a student:
(a) an amount is held by the provider in accordance with subsection 6 (1)
of the Act; and
(b) the provider terminates the course or the student withdraws; and
(c) there is not an agreement complying with regulation 5; the provider
may take out of the amount, to meet the cost of providing the course,
an amount that is:
(d) if the course is not longer than 4 weeks-50% of the cost; or
(e) if the course is longer than 4 weeks but not longer than 6 months:
(i) if the termination or withdrawal occurs before the end of 3
months after commencement of the course-50%
of the cost; or
(ii) if the termination of withdrawal occurs after the end of 3
months after commencement of the course-75%
of the cost; or
(f) if the course is longer than 6 months:
(i) if the termination or withdrawal occurs before the end of 4
months after commencement of the course-50% of the cost; or
(ii) if the termination or withdrawal occurs after the end of 4
months after commencement of the course and before the end of 8
months after commencement-65% of the cost; or
(iii) if the termination or withdrawal occurs after the end of 8
months after commencement of the course-85% of the cost.
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