If:
(a) a student's enrolment in a course of study in respect of a semester has been cancelled under section 41C; and
(b) the student has made a payment to the institution under subsection 41(1A) in respect of the contribution that the institution assessed would be payable by the student in respect of the course of study in respect of a semester;
the institution must, as soon as practicable, pay to the student an amount equal to the amount of the payment made by the student.