8
In forceReturning unspent receipts
Part 2Housing services requirements—funded providers other than BTR providers and HIF providers
Division 2Financial management and accountability requirements
8 Returning unspent receipts
(1)
This section applies if—
(a)
a funding agreement with a funded provider is in force; and
(b)
the funded provider—
(i)
is required, under the funding agreement, to spend an amount comprised of receipts for a housing service within a stated period; and
(ii)
has not spent the amount by the end of the period.
(2)
The chief executive may, by written notice, require the funded provider to pay the amount to the chief executive.
(3)
The funded provider must pay the amount to the chief executive within 8 weeks after the day the funded provider receives the written notice.
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