The Education (Mandatory Awards) Regulations 1991

Method of payment

24.—(1) 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.

(2) The authority shall pay such fees as are described in paragraph (a) (excepting subparagraph (iii)) or (b) of Schedule 1 in ... ... ... ... termly instalments promptly (and in any event by the date specified in paragraph (4)) when both a valid 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.

(3) 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.

(4) In the case of a course with three terms in each academic year, the authority shall make payment pursuant to paragraph (2) on or before 30th November in the case of the first term, on or before 31st January in the case of the second term and on or before 30th April in the case of the third term or within one month of the receipt by the authority of a valid request for payment, whichever is the later.