Commonwealth Consolidated Acts Commonwealth Consolidated ActsWhere a student has made a payment to an institution in accordance with subparagraph 41(1)(a)(i) or paragraph 41(1A)(a) in respect of the contribution that the institution assessed would be payable by the student in respect of a course of study in respect of a semester under section 39:
(a) if no contribution is payable by the student, the institution shall, as soon as practicable and in any event not later than 14 days after giving notice to the student under section 54 in respect of the course of study in respect of the semester, pay to the student an amount equal to the amount paid by the student; or
(b) if the amount of the payment exceeds 75% of the amount of the contribution payable by the student and the student requests the repayment of the whole or a part of the excess, the institution shall, as soon as practicable after receiving the request, pay to the student an amount equal to the excess or that part of the excess, as the case may be.