Thank you. I think the Minister has already indicated some of the criteria around the program, matching dollars from the organization and the money can't be used for administrative purposes, there is a requirement for record keeping. The contribution agreement I imagine is typical of the contribution agreements that we've done with this program. There's a separate bank account set up to administer the account. There's a requirement of an equal contribution to come from the organization. There are payment terms set out. There's a list of eligible expenses. Then there's provision for audits. There's a requirement for record keeping. The organization has to maintain good financial records according to GNWT accepted accounting principles for third parties. They have to provide, as the Minister has already indicated, an audited financial report to the Minister. There's an allowance that permits employees of RWED to access the books on reasonable notice, et cetera. So I'm quite satisfied with the conditions and terms of the contribution agreement. Thank you.
Brendan Bell on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on October 22nd, 2004. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
October 22nd, 2004
Page 946
See context to find out what was said next.