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COMMONWEALTHAct
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s 10

Terms and conditions of grant

In force
Part 2Grants
Division 2Grants

10 Terms and conditions of grant

(1)

A grantee must comply with this Act and the rules and with any other terms and conditions specified in the grant agreement.

(2)

The grant agreement must include terms and conditions that:

(a)

have the effect of requiring the grantee to spend the grant money, as well as at least a matching amount of the grantee’s own money, on eligible expenses of the grantee in relation to eligible products; and

(b)

provide for:

(i)

circumstances in which the grantee must repay amounts to the Commonwealth; and

(ii)

any other matters prescribed by the rules for the purposes of this paragraph.

Note:

An amount repayable to the Commonwealth as mentioned in subparagraph (2)(b)(i) would be a debt due to the Commonwealth.

(3)

Subsection (2) does not limit the terms and conditions that may be specified in the grant agreement.

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