Administration and Expenditure of Ring Fenced Grants Sample Clauses

Administration and Expenditure of Ring Fenced Grants. The monies shall be spent in accordance with any restrictions agreed between the Parties on the establishment of the annual budgeted spend or as varied by agreement between the Partners from time to time. Harrow will separately account for each Party‟s contributions and related expenditure to enable separate annual reporting to Barnet and Harrow through their respective Section 151 Officer and to Government for any expenditure charged against the ring-fenced grants.
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