Not so sure about the time between College and Field training but as for trainees, we had to use a Rec Day for a 4 day weekend for the Melb Cup. We used a few more days for Xmas (our last day was Tue 22nd and we were back last Monday - 4th). Other than that it's just public holidays. No breaks between phases, straight into the next one. There is a day or 2 for an airline attachment but that's about it. I wouldn't plan on too many consecutive days off. We had a guy on our course away for 4 consecutive days for medical reasons, he missed 2 exams and was shown the door (partly his decision I think but he was on thin ice anyway). He was only there for 12 days I think. Apparently in the past they have slotted people into later courses if they fell too far behind but because the following courses are booked up for so long it wasn't an option this time.
The College supplies all trainees with an updated copy of AIP and MATS (as well as other resources). They get updated continually. As for ERSA, we have a class copy only.