Research and Innovation Act 2024

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Compliance with conditions of funding for research and innovation

40. (1) A recipient of funding shall provide such reports on the research and innovation undertaken for which funding is awarded at such times and in such manner as may be required by the Agency and specified in the funding scheme concerned.

(2) A recipient of funding shall provide to the Chief Executive Officer such information as that Officer may request in relation to an award of funding, including information in relation to—

(a) the expenditure of the award of funding disbursed to the recipient of funding by the Agency under section 38 , and

(b) compliance by the recipient of funding with the conditions of funding,

in such form and manner, and at such times, as the Chief Executive Officer may request.

(3) If a recipient of funding does not provide to the Chief Executive Officer the information requested under subsection (2), the Chief Executive Officer shall require the recipient of funding, by notice in writing, to provide to him or her such information as is specified in the notice and within such period as is specified therein, and the recipient of funding shall comply with any such requirement.

(4) If the Chief Executive Officer is of opinion, following an assessment of the information (if any) provided by a recipient of funding under this section, that there are serious deficiencies regarding compliance by the recipient of funding concerned with the conditions of funding, the Chief Executive Officer shall arrange for an investigation of the matter to be undertaken.

(5) The Chief Executive Officer shall arrange for assessors or members of the staff of the Agency (who have not previously been concerned with the award of funding to the recipient of funding concerned), as may be appropriate, to investigate whether the recipient of funding is in compliance with the conditions of funding, having examined the information (if any) provided by the recipient of funding under this section.