A registered provider must enter into a written agreement with each overseas student or intending overseas student that:
(a) sets out the refund requirements that apply if the student defaults in relation to a course at a location; and
(b) meets the requirements (if any) set out in the national code.
Note: For the consequences of breaching this section, see section 47F (offence) and Division 1 of Part 6 (conditions, suspension and cancellation).