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157.—(1) The Secretary of State may pay a grant for which a student qualifies under this Part in such instalments (if any) and at such times as he considers appropriate and in the exercise of his functions under this Part he may make provisional payments pending the final calculation of the amount of grant for which the student qualifies.
(2) Payments are made in such manner as the Secretary of State considers appropriate and he may make it a condition of entitlement to payment that the eligible postgraduate student must provide him 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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