Arts Queensland may, by notice to You, require You to provide such further information or documents as Arts Queensland considers necessary or appropriate in relation to any report provided, or required to be provided, by You under clause 6.1, including for the purposes of verifying anything in the report. If Arts Queensland is not satisfied with a report provided under clause 6.1, it may, by notice to You, require You to resubmit the report. A notice given under this clause 6.3 will contain the reasons why Arts Queensland considers the document or report to be unsatisfactory. Where a notice is given under clauses 6.2 or 6.3, You must provide the information, documents or resubmitted report within the timeframe specified in the notice. ACCOUNTING RECORDS AND SYSTEMS You must: record all expenditure directly or indirectly related to and all income directly or indirectly from performing the Funded Activities; and maintain true and accurate financial and other records at all times about Your: income, expenditure and financial position; use of the Funding; performance of the Funded Activities, including achievement of the KPOs; and acknowledge the Funding in any financial statements or accounts that You are required to prepare. REVIEW AND AUDIT Arts Queensland may, at any time and by not less than 14 days notice to You, conduct a review of any aspect of Your: use of the Funding; performance of the Funded Activities, including achievement of the KPOs; or compliance with any aspect of the Funding Agreement. Arts Queensland may nominate auditors to conduct, or assist it to conduct, a review under clause 8.1 (‘Auditors’). Where a notice is given under clause 8.1, You must comply with the notice and must give Arts Queensland’s officers, employees or its Auditors, as the case may be, full and free access to:
Arts Queensland may, by notice to You, require You to provide such further information or documents as Arts Queensland considers necessary or appropriate in relation to any report provided, or required to be provided, by You under clause 6.1, including for the purposes of verifying anything in the report. If Arts Queensland is not satisfied with a report provided under clause 6.1, it may, by notice to You, require You to resubmit the report. A notice given under this clause 6.3 will contain the reasons why Arts Queensland considers the document or report to be unsatisfactory. Where a notice is given under clauses 6.2 or 6.3, You must provide the information, documents or resubmitted report within the timeframe specified in the notice. ACCOUNTING RECORDS AND SYSTEMS You must: record all expenditure directly or indirectly related to and all income directly or indirectly from performing the Funded Activities; and maintain true and accurate financial and other records at all times about Your: income, expenditure and financial position; use of the Funding; performance of the Funded Activities, including achievement of the KPOs; and acknowledge the Funding in any financial statements or accounts that You are required to prepare. REVIEW AND AUDIT Arts Queensland may, at any time and by not less than 14 days notice to You, conduct a review of any aspect of Your: use of the Funding; performance of the Funded Activities, including achievement of the KPOs; or compliance with any aspect of the Funding Agreement. Arts Queensland may nominate auditors to conduct, or assist it to conduct, a review under clause 8.1 (‘Auditors’). Where a notice is given under clause 8.1, You must comply with the notice and must give Arts Queensland’s officers, employees or its Auditors, as the case may be, full and free access to:
terms-of-funding---version-6.docx