66BWhen an approved course provider defaults in relation to a student

66B When an approved course provider defaults in relation to a student

(1) An approved course provider defaults in relation to a student if: (a) the provider fails to start to provide a course or a part of a course to the student on the day on which the course or part was scheduled to start; and (b) the student has not withdrawn before that day; and (c) either: (i) a VET student loan has been approved for the student for the course on or before that day; or (ii) the student is an eligible student for the course and has a HELP balance of greater than zero on that day. (2) An approved course provider defaults in relation to a student if: (a) the provider ceases to provide a course or a part of a course to the student on a day that is after the course or part starts but before it is completed; and (b) the student has not withdrawn before that day; and (c) either: (i) a VET student loan has been approved for the student for the course on or before that day; or (ii) the student is an eligible student for the course and has a HELP balance of greater than zero on that day. (3) An approved course provider defaults in relation to a student if circumstances prescribed by the rules apply in relation to the provider and the student.