15.—(1) An award shall terminate on the expiry of the period ordinarily required for the completion of the course:
Provided that—
if the academic authority refuse to allow the student to complete the course, the authority shall terminate the award forthwith;
if the student does not complete the course within the period ordinarily required, the authority—
may extend the award until the student has completed the course, and
shall extend it for a period equivalent to any period in respect of which they have made any payment under regulation 25(1).
(2) The authority may, after consultation with the academic authority, terminate the award if they are satisfied that the student has either—
(a)abandoned the course in respect of which it is held and the award does not fall to be transferred in pursuance of regulation 14; or
(b)shown himself by his conduct to be unfitted to hold the award.