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Changes to awards of funding
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39. (1) At any time after an award of funding is made and whether or not all of the funding pursuant to the award has been disbursed to a recipient of funding, the Agency may agree changes to the award of funding with the recipient of funding in accordance with this section.
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(2) The Agency may agree with a recipient of funding to change the purpose, the outcomes and, where appropriate, the impact of the research and innovation (or any one or more of them) of an award of funding where, arising from the research and innovation undertaken or underway, it becomes apparent that such a change is, in the opinion of the Chief Executive Officer, necessary or appropriate—
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(a) due to an external development or factor affecting or impacting on the research and innovation, the objectives of the research and innovation can no longer be achieved,
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(b) to significantly enhance the outcomes and, where appropriate, the impact of the research and innovation, or
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(c) to take account of the interim results of, or any other internal development or factor impacting on, the research and innovation.
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(3) If, following an award of funding to a recipient of funding, the person or persons undertaking the research and innovation concerned cease, for whatever reason, to do so, the Agency may agree with the recipient of funding to cancel the award of funding insofar as it relates to the disbursement of further funding to the recipient of funding with effect from a specified date.
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(4) If changes are agreed to an award of funding under this section, the award of funding shall thereafter have effect accordingly.
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