EM013: Organisation to repay funding if funding approval revoked

Type:
Condition

If the TEC suspends or revokes some or all of the Organisation's funding under the Organisation's funding confirmation letter in accordance with section 159ZF of the Education Act 1989, any funding that the TEC has paid to the Organisation under the Organisation's funding confirmation letter that the Organisation has not used or contractually committed towards the provision of the activities:

(a) must be treated by the Organisation as a debt due to the Crown; and

(b) is repayable to the TEC on demand; and

(c) may be set-off against all or any funding, or any sum of money payable by the TEC to the Organisation.

  • Last changed: 22 February 2016
  • Last verified: 22 February 2016