S.L. 327.743 ст. 123 4 [S.L.

The Course may also be offered on a flexible part-time basis with the following special provisions in terms of the provisions outlined in the Principal Regulations, applicable with the necessary changes needed (mutatis owing to the part-time nature of mutandis) the Course:

(a) During each academic year, students shall be allowed to register for a number of study-units as agreed with the Course Coordinator, to which not less than 12 ECTS credits are assigned, provided

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that registration for the study-units included in the programme of study for each Course year (60 ECTS credits) is spread over not more than three academic years;

(b) In order to progress regularly from one Course year to the next, the 60 ECTS credits of each Course year must be completed in not more than three academic years;

(c) Students who are absent for the assessment of a study-unit, or fail in the assessment of a study-unit, shall, if eligible, be required to take the assessment of any number of such incomplete study-units at the September assessment session or at the next available opportunity;

(d) If necessary, students may be allowed to refer the assessment of a study-unit to the next academic year, provided that not more than 12 ECTS credits may be referred from one Course year to the next;

(e) The assessment of study-units that may be referred to the next academic year shall be considered as additional to the minimum number of 12 ECTS credits that students are obliged to register for during any academic year;

(f) Students who, after having registered for all the study-units comprising the programme of a Course year, and who after the September session lack more than 12 ECTS credits to complete the programme for the Course year, may be allowed, if eligible and after academic advice, to refer them to the next academic year during which they shall not be allowed to register for any other study-units. If such an academic year is needed in addition to the maximum period of three years referred to in paragraph (b) of this bye-law, it shall be considered as an additional year;

(g) Students who, after having registered for all the study-units comprising the programme of the final year, may, if necessary and if eligible, refer any incomplete study-units to an additional academic year;

(h) An additional year, whether required in terms of MATHEMATICS AND RISK MANAGEMENT - B.SC.

(HONS) - UNDER THE AUSPICES OF THE FACULTY OF 327.743 SCIENCE

paragraphs (f) or (g) may be granted once only throughout the Course, unless in special circumstances and with the approval of Senate;

(i) Students registered on the flexible part-time programme must obtain the approval of the Course Coordinator before they are registered on the study-units they wish to follow in any academic year;

(j) Subject to approval by the Board, students registered on the Course may be allowed to change the mode of attendance from full-time to flexible part-time or at the beginning of the vice versa second year of the regular programme of study. Changes in the mode of attendance in any subsequent year of the Course may be considered by the Board, if the Course programme permits; and

(k) Notwithstanding the provisions of the Principal Regulations, owing to the nature of the Course when offered on a flexible part-time basis that allows for a longer duration than normal, students registered on such a flexible part-time Course programme shall not be entitled to ever repeat a Course year in its entirety, nor to an extension year after each Course year.