Contents (1998 - 82)
Environmental Trust Act 1998 No 82
15 Provisions relating to grants
(1) Grants may be made to any person, including to any individual, corporation or organisation.(2) Each grant is to be made subject to a condition that the grant is to be expended within 3 years after it is made.(3) Each grant is subject to any relevant condition prescribed by the regulations and such other conditions as are specified by the Trust by notice in writing to the grantee on or after the making of the grant.(3A) The Trust may, by further notice in writing to the grantee, vary any condition to which the grant is subject (other than a condition prescribed by the regulations), including any condition previously varied under this subsection.(4) The Trust may waive the application of any provision of this section in a particular case if the Trust thinks special circumstances exist that justify its doing so.(5) The Trust is to include details of any decision to waive the application of this section in its next annual report under the Annual Reports (Statutory Bodies) Act 1984.