Common use of Spending the Grant Clause in Contracts

Spending the Grant. The Grantee agrees to spend the Grant for the purpose of performing the Activity and otherwise in accordance with this Agreement. Within one month after the project end date and at least every 12 months during the term of the Agreement, the Grantee agrees to provide financial statements signed by the Grantee verifying the Grant was spent in accordance with clause 10.1. A statement[s] under clause 10.2 must include an income and expenditure statement in relation to the Grant and the Activity for each financial year of the Agreement. Repayment If any amount of the Grant: has been spent other than in accordance with this Agreement; or is additional to the requirements of the Activity then the Commonwealth may, by written notice: require the Grantee to repay that amount to the Commonwealth; require the Grantee to deal with that amount as directed by the Commonwealth; or deduct the amount from subsequent payments of the Grant or amounts payable under another agreement between the Grantee and the Commonwealth. If the Commonwealth issues a notice under this Agreement requiring the Grantee to repay a Grant amount: the Grantee must do so within the time period specified in the notice; the Grantee must pay interest on any part of the amount that is outstanding at the end of the time period specified in the notice until the outstanding amount is repaid in full; and the Commonwealth may recover the amount and any interest under this Agreement as a debt due to the Commonwealth without further proof of the debt being required. Record keeping The Grantee agrees to keep financial accounts and other records that: detail and document the conduct and management of the Activity; identify the receipt and expenditure of the Grant [and any Other Contributions] separately within the Grantee's accounts and records so that at all times the Grant is identifiable; enable all receipts and payments related to the Activity to be identified and reported; and The Grantee agrees to maintain the records for five years after the Completion Date or such other time specified in the Grant Details and provide copies of the records to the Commonwealth upon request. Reporting and liaison The Grantee agrees to provide the Reporting Material specified in the Grant Details to the Commonwealth. In addition to the obligations in clause 13.1, the Grantee agrees to: liaise with and provide information to the Commonwealth as reasonably required by the Commonwealth; and comply with the Commonwealth’s reasonable requests, directions, or monitoring requirements, in relation to the Activity. If the Commonwealth acting reasonably has concerns regarding the performance of the Activity or the management of the Grant, the Commonwealth may by written notice require the Grantee to provide one or more additional reports, containing the information and by the date(s) specified in the notice The Grantee acknowledges that the giving of false or misleading information to the Commonwealth is a serious offence under the Criminal Code Xxx 0000 (Cth). Privacy When dealing with Personal Information in carrying out the Activity, the Grantee agrees: to comply with the requirements of the Privacy Xxx 0000 (Cth); not to do anything which, if done by the Commonwealth, would be a breach of the Privacy Xxx 0000 (Cth); to ensure that any subcontractors or personnel who deal with personal information for the purposes of this Agreement are aware of the requirements of the Privacy Xxx 0000 (Cth) and the Grantee’s obligations under this clause; to immediately notify the Commonwealth if the Grantee becomes aware of an actual or possible breach of this clause by the Grantee or one of the Grantee’s subcontractors. In carrying out the Activity, the Grantee agrees not to send any Personal information outside of Australia without the Commonwealth’s prior written approval. The Commonwealth may impose any conditions it considers appropriate when giving its approval.

Appears in 1 contract

Samples: Grant Agreement

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Spending the Grant. The Grantee agrees to spend the Grant for the purpose of performing the Activity and otherwise in accordance with this Agreement. Within one month after the project end date Activity’s Completion Date, and at least every 12 months during the term of the Agreement, the Grantee agrees to provide the Commonwealth with an independently audited financial statements signed by the Grantee acquittal report verifying that the Grant was has been spent in accordance with clause 10.1this Agreement. A statement[s] The reports under clause 10.2 must include an income and expenditure statement in relation to be audited by: a Registered Company Auditor registered under the Grant and the Activity for each financial year Corporations Xxx 0000; or a certified practising accountant; or a member of the AgreementNational Institute of Accountants; or a member of the Institute of Chartered Accountants; who is not a principal member, shareholder, officer or employee of the Grantee or a related body corporate. Repayment If any amount of the Grant: has been spent other than in accordance with this Agreement; or is additional to the requirements of the Activity then the Commonwealth may, by written notice: require the Grantee to repay that amount to the Commonwealth; require the Grantee to deal with that amount as directed by the Commonwealth; or deduct the amount from subsequent payments of the Grant or amounts payable under another agreement between the Grantee and the Commonwealth. If the Commonwealth issues a notice under this Agreement requiring the Grantee to repay a Grant amount: the Grantee must do so within the time period specified in the notice; the Grantee must pay interest on any part of the amount that is outstanding at the end of the time period specified in the notice until the outstanding amount is repaid in full; and the Commonwealth may recover the amount and any interest under this Agreement as a debt due to the Commonwealth without further proof of the debt being required. Record keeping The Grantee agrees to keep financial accounts and other records that: detail and document the conduct and management of the Activity; identify the receipt and expenditure of the Grant [and any Other Contributions] separately within the Grantee's accounts and records so that at all times the Grant is identifiable; enable all receipts and payments related to the Activity to be identified and reported; and The Grantee agrees to maintain the records for five years after the Completion Date or such other time specified in the Grant Details and provide copies of the records to the Commonwealth upon request. Reporting and liaison The Grantee agrees to provide the Reporting Material specified in the Grant Details to the Commonwealth. In addition to the obligations in clause 13.1, the Grantee agrees to: liaise with and provide information to the Commonwealth as reasonably required by the Commonwealth; and comply with the Commonwealth’s reasonable requests, directions, or monitoring requirements, in relation to the Activity. If the Commonwealth acting reasonably has concerns regarding the performance of the Activity or the management of the Grant, the Commonwealth may by written notice require the Grantee to provide one or more additional reports, containing the information and by the date(s) specified in the notice The Grantee acknowledges that the giving of false or misleading information to the Commonwealth is a serious offence under the Criminal Code Xxx 0000 (Cth). Privacy When dealing with Personal Information in carrying out the Activity, the Grantee agrees: to comply with the requirements of the Privacy Xxx 0000 (Cth); not to do anything which, if done by the Commonwealth, would be a breach of the Privacy Xxx 0000 (Cth); to ensure that any subcontractors or personnel who deal with personal information for the purposes of this Agreement are aware of the requirements of the Privacy Xxx 0000 (Cth) and the Grantee’s obligations under this clause; to immediately notify the Commonwealth if the Grantee becomes aware of an actual or possible breach of this clause by the Grantee or one of the Grantee’s subcontractors. In carrying out the Activity, the Grantee agrees not to send any Personal information outside of Australia without the Commonwealth’s prior written approval. The Commonwealth may impose any conditions it considers appropriate when giving its approval.

Appears in 1 contract

Samples: Grant Agreement

Spending the Grant. The Grantee agrees to spend the Grant for the purpose of performing the Activity and otherwise in accordance with this Agreement. Within one month after the project end date and at least every 12 months during the term of the Agreement, Activity’s Completion Date the Grantee agrees to provide the Commonwealth with an independently audited financial statements signed by the Grantee acquittal report verifying that the Grant was has been spent in accordance with clause 10.1this Agreement. A statement[s] The reports under clause 10.2 1.27 must include an income and expenditure statement in relation to be audited by: a Registered Company Auditor registered under the Grant and the Activity for each financial year Corporations Xxx 0000; or a certified practising accountant; or a member of the AgreementNational Institute of Accountants; or a member of the Institute of Chartered Accountants; who is not a principal member, shareholder, officer or employee of the Grantee or a related body corporate. Repayment If any amount of the Grant: has been spent other than in accordance with this Agreement; or is additional to the requirements of the Activity then the Commonwealth may, by written notice: require the Grantee to repay that amount to the Commonwealth; require the Grantee to deal with that amount as directed by the Commonwealth; or deduct the amount from subsequent payments of the Grant or amounts payable under another agreement between the Grantee and the Commonwealth. If the Commonwealth issues a notice under this Agreement requiring the Grantee to repay a Grant amount: the Grantee must do so within the time period specified in the notice; the Grantee must pay interest on any part of the amount that is outstanding at the end of the time period specified in the notice until the outstanding amount is repaid in full; and the Commonwealth may recover the amount and any interest under this Agreement as a debt due to the Commonwealth without further proof of the debt being required. Record keeping The Grantee agrees to keep financial accounts and other records that: detail and document the conduct and management of the Activity; identify the receipt and expenditure of the Grant [and any Other Contributions] separately within the Grantee's accounts and records so that at all times the Grant is identifiable; enable all receipts and payments related to the Activity to be identified and reported; and The Grantee agrees to maintain the records for five years after the Completion Date or such other time specified in the Grant Details and provide copies of the records to the Commonwealth upon request. Reporting and liaison The Grantee agrees to provide the Reporting Material specified in the Grant Details to the Commonwealth. In addition to the obligations in clause 13.11.33, the Grantee agrees to: liaise with and provide information to the Commonwealth as reasonably required by the Commonwealth; and comply with the Commonwealth’s reasonable requests, directions, or monitoring requirements, in relation to the Activity. If the Commonwealth acting reasonably has concerns regarding the performance of the Activity or the management of the Grant, the Commonwealth may by written notice require the Grantee to provide one or more additional reports, containing the information and by the date(s) specified in the notice The Grantee acknowledges that the giving of false or misleading information to the Commonwealth is a serious offence under the Criminal Code Xxx 0000 (Cth). Privacy When dealing with Personal Information in carrying out the Activity, the Grantee agrees: to comply with the requirements of the Privacy Xxx 0000 (Cth); not to do anything which, if done by the Commonwealth, would be a breach of the Privacy Xxx 0000 (Cth); to ensure that any subcontractors or personnel who deal with personal information for the purposes of this Agreement are aware of the requirements of the Privacy Xxx 0000 (Cth) and the Grantee’s obligations under this clause; to immediately notify the Commonwealth if the Grantee becomes aware of an actual or possible breach of this clause by the Grantee or one of the Grantee’s subcontractors. In carrying out the Activity, the Grantee agrees not to send any Personal information outside of Australia without the Commonwealth’s prior written approval. The Commonwealth may impose any conditions it considers appropriate when giving its approval.

Appears in 1 contract

Samples: Commonwealth Standard Grant Agreement

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Spending the Grant. The Grantee agrees to spend the Grant for the purpose of performing the Activity and otherwise in accordance with this Agreement. Within one month after the project end date and at least every 12 months during the term of the Agreement, Activity’s Completion Date the Grantee agrees to provide the Commonwealth with an independently audited financial statements signed by the Grantee acquittal report verifying that the Grant was has been spent in accordance with clause 10.1this Agreement. A statement[s] The reports under clause 10.2 must include an income and expenditure statement in relation to be audited by: a Registered Company Auditor registered under the Grant and the Activity for each financial year Corporations Xxx 0000; or a certified practising accountant; or a member of the AgreementNational Institute of Accountants; or a member of the Institute of Chartered Accountants; who is not a principal member, shareholder, officer or employee of the Grantee or a related body corporate. Repayment If any amount of the Grant: has been spent other than in accordance with this Agreement; or is additional to the requirements of the Activity then the Commonwealth may, by written notice: require the Grantee to repay that amount to the Commonwealth; require the Grantee to deal with that amount as directed by the Commonwealth; or deduct the amount from subsequent payments of the Grant or amounts payable under another agreement between the Grantee and the Commonwealth. If the Commonwealth issues a notice under this Agreement requiring the Grantee to repay a Grant amount: the Grantee must do so within the time period specified in the notice; the Grantee must pay interest on any part of the amount that is outstanding at the end of the time period specified in the notice until the outstanding amount is repaid in full; and the Commonwealth may recover the amount and any interest under this Agreement as a debt due to the Commonwealth without further proof of the debt being required. Record keeping The Grantee agrees to keep financial accounts and other records that: detail and document the conduct and management of the Activity; identify the receipt and expenditure of the Grant [and any Other Contributions] separately within the Grantee's accounts and records so that at all times the Grant is identifiable; enable all receipts and payments related to the Activity to be identified and reported; and The Grantee agrees to maintain the records for five years after the Completion Date or such other time specified in the Grant Details and provide copies of the records to the Commonwealth upon request. Reporting and liaison The Grantee agrees to provide the Reporting Material specified in the Grant Details to the Commonwealth. In addition to the obligations in clause 13.1, the Grantee agrees to: liaise with and provide information to the Commonwealth as reasonably required by the Commonwealth; and comply with the Commonwealth’s reasonable requests, directions, or monitoring requirements, in relation to the Activity. If the Commonwealth acting reasonably has concerns regarding the performance of the Activity or the management of the Grant, the Commonwealth may by written notice require the Grantee to provide one or more additional reports, containing the information and by the date(s) specified in the notice The Grantee acknowledges that the giving of false or misleading information to the Commonwealth is a serious offence under the Criminal Code Xxx 0000 (Cth). Privacy When dealing with Personal Information in carrying out the Activity, the Grantee agrees: to comply with the requirements of the Privacy Xxx 0000 (Cth); not to do anything which, if done by the Commonwealth, would be a breach of the Privacy Xxx 0000 (Cth); to ensure that any subcontractors or personnel who deal with personal information for the purposes of this Agreement are aware of the requirements of the Privacy Xxx 0000 (Cth) and the Grantee’s obligations under this clause; to immediately notify the Commonwealth if the Grantee becomes aware of an actual or possible breach of this clause by the Grantee or one of the Grantee’s subcontractors. In carrying out the Activity, the Grantee agrees not to send any Personal information outside of Australia without the Commonwealth’s prior written approval. The Commonwealth may impose any conditions it considers appropriate when giving its approval.

Appears in 1 contract

Samples: Commonwealth Standard Grant Agreement

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