(1) The Secretary must make a determination granting an application for Australian apprenticeship support loan if the Secretary is satisfied that:
(a) the applicant is qualified for Australian apprenticeship support loan; and
(b) Australian apprenticeship support loan is expected to be payable to the applicant in relation to one or more instalment periods (a relevant instalment period ) ending before the end of the period specified for the purposes of subsection (2).
(2) The determination must specify the period at the end of which the determination ceases to have effect.
(3) The rules may prescribe the periods that are to be specified in determinations for the purposes of subsection (2).
(4) If the Secretary makes a determination granting an application for Australian apprenticeship support loan, the Secretary must also make a determination of the applicant's yearly rate of Australian apprenticeship support loan for each relevant instalment period.