Document ID: chunk:federal_register_of_legislation:F2024L00180:reg:5
Version: federal_register_of_legislation:F2024L00180
Segment Type: reg
Provision Reference: reg 5
Character Range: 2197–3032

5  Transitional rules for full up-front payments made during second transition period
 (1) This section is made for the purposes of subitem 12(1) of Schedule 1 to the Act and applies if:
 (a) during the second transition period, an affected student made one or more up-front payments to a higher education provider in relation to a unit of study; and
 (b) the amount of that payment, or the sum of those payments, is equal to 100% of the affected student's old student contribution amount for the unit.
 (2) If the amount paid by the affected student is more than the amount that could have been paid to the higher education provider had the relevant amendment been in force during the second transition period, the higher education provider must pay to the affected student an amount equal to the difference between the two amounts.