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53.—(1) The Department shall pay a grant for which a student qualifies under this Part in such instalments (if any) and at such times as it considers appropriate and in the exercise of its functions under this paragraph it may make provisional payments pending the final calculation of the amount of grant for which the student qualifies.
(2) Payments shall be made in such manner as the Department considers appropriate and it may make it a condition of entitlement to payment that the eligible postgraduate student shall provide it with particulars of a bank or building society account in the United Kingdom into which payments may be made by electronic transfer.
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