(1) This section applies if:
(a) a higher education provider * defaults in relation to a student; and
(b) either of the following apply:
(i) the Director decides, under paragraph 166 - 26B(2)(b), that the Director is not satisfied that there is a suitable * replacement course for the person;
(ii) the person elects, under subparagraph 166 - 26B(4)(a)(iii), to have an amount equal to the amounts of * FEE - HELP assistance or * HECS - HELP assistance that the person received for the unit re - credited to the student's * HELP balance.
(2) The * Higher Education Tuition Protection Director must give a written notice to the * Secretary of that fact.
(3) The * Higher Education Tuition Protection Director must give a written notice to the provider stating that an amount equal to the amounts of * FEE - HELP assistance or * HECS - HELP assistance that the student received for the * affected unit will be * re - credited to the student's * HELP balance.