Regulation 24 Method of payment

Subject to paragraph (2), the authority shall make any payment due under these Regulations in such instalments (if any) and at such times as they consider appropriate: and in the exercise of their functions under this paragraph the authority may in particular make provisional payments pending the final calculation of the award.

The authority shall pay such fees as are described in paragraph (a) (excepting sub-paragraph (iii)) or (b) of Schedule 1 in three termly instalments promptly when both a request for payment in respect thereof has been received and the appropriate term has commenced provided that no payment shall be due when the student has ceased to attend his course (whether or not the authority has been so notified) but has not completed it. Payment of such instalments and of the fees described in paragraphs (a)(iii) and (c) of Schedule 1 may be made to the academic authority but subject thereto all payments shall be made to the student.

. . . Without prejudice to regulation 26 or the recovery of an over-payment by way of a deduction from a subsequent payment, any over-payment or under-payment made in pursuance of this regulation shall be adjusted by payment between the student or, as the case may be, the academic authority and the authority.