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S.L. 442.3 · Central Co-Operative Fund Regulations (S.L. 442.3)

S.L. 442.3 Art. 23Verifications.

In KraftAmtlicher Text

(1) Funds distributed by the Committee shall be subject to such verifications that the Committee may from time to time pursue.

(2) The beneficiaries of funds by the Committee shall allow such verifications to take place as and when requested by the Committee or by persons appointed by the Committee for this purpose.

(3) The Committee shall reserve the right to withhold, suspend or claim back payments made by the Committee to beneficiaries who:

(a) do not allow, or in any way obstruct, a verification exercise; or

(b) misrepresent their funding accounts; or

(c) whose funding allocation is not being used for the specific purposes for which it was intended.