47Refund of higher education provider charge and late payment penalty

47 Refund of higher education provider charge and late payment penalty

(1) For the purposes of paragraph 19-66(2)(f) of the Act, the Secretary may, on behalf of the Commonwealth, refund the whole or a part of an amount of higher education provider charge or late payment penalty (or both) paid by a higher education provider if the Secretary is satisfied that special or unusual circumstances exist that cause the charge or late payment penalty to be unreasonable or inequitable. (2) The Secretary may do so on his or her initiative or on written application by the higher education provider.