Overpayments
14.—(1) Any overpayment of a loan in respect of any academic year may be recovered by the Scottish Ministers if, in their opinion–
(a)the overpayment is a result of a failure of the student to provide promptly information which might affect his eligibility for a loan or the amount of loan for which he is eligible; or
(b)any information which he has provided is inaccurate in a material particular,
but otherwise it shall be treated as a loan properly made under these Regulations which shall be repayable in accordance with the Act and any regulations made under it.
(2) Where an overpayment of loan is treated, by virtue of paragraph (1), as a loan properly made, the Scottish Ministers may subtract the overpayment from the amount of loan for which the student is eligible in respect of any other academic year.
(3) Where an overpayment of loan is recoverable in accordance with paragraph (1) it shall be recovered in such one or more of the following ways as the Scottish Ministers consider appropriate in all the circumstances–
(a)by subtracting the overpayment from the amount of loan for which the student is eligible in respect of any other academic year;
(b)where a student upon completion of his course immediately commences another course (disregarding any intervening vacation) by subtracting the overpayment from the amount of any loan for which he is eligible in respect of any academic year in connection with the second course;
(c)by taking such other action for the recovery of a payment made without statutory authority as is available to them.