PART 2

CHAPTER 2

Costs and expenses35

1

Where the Authority incurs reasonable costs or expenses in taking steps to—

a

serve an Information Notice on a borrower under regulation 33(1);

b

obtain the information requested in an Information Notice served under regulation 33(1); or

c

serve a Penalty Notice on a borrower under regulation 34(5),

the Authority may require the reimbursement of those costs or expenses by the borrower.

2

The Authority may add any costs or expenses incurred under this regulation to the borrower's loan account and they will form part of the principal of the postgraduate master's degree loan from the date on which they are added.