statistics for employment generated by or in connection with the Project; analysis of the effectiveness of each of the Knowledge Sharing Deliverables completed; and for any on-going Knowledge Sharing Deliverables, an update of progress in undertaking each Knowledge Sharing Deliverable. An acquittals The acquittals statement is to The acquittals statement must certify: statement certified be provided by [insert] that all ARENA Funding, Recipient by the Recipient's Contributions and Other Contributions were Financial spent for the purpose of the Project in Officer (or such accordance with this Agreement and that the other person Recipient has complied with this Agreement; approved by and ARENA) that salaries and allowances paid to persons involved in the Project are in accordance with any applicable or agreement in force under any relevant law on industrial or workplace relations. Audited financial Within [insert] after the end The audited financial statements must include: statements of each financial year during a definitive statement as to whether the prepared by an the term of this Agreement financial information for the Project represents Approved Auditor or otherwise at ARENA’s the financial transactions fairly and is based on in accordance request with Accounting proper accounts and records; Standards in if the Recipient is a company, a separate respect of the ARENA Funding, declaration from the Recipient's directors that the Recipient Recipient is solvent, a going concern and able to Contributions and pay its debts as and when they fall due; and Other Contributions detail of any ARENA Funding returned to ARENA by the Recipient and the reasons for such refund. In this item 3.1, the following terms have the following meaning: Accounting Standards means the standards of that name maintained by the Australian Accounting Standards Board (referred to in section 227 of the Australian Securities and Investments (Cth)) or other accounting standards which are generally accepted and Commission Act 2001 consistently applied in Australia; An is a person who is: Approved Auditor registered as a company auditor under the (Cth) or an appropriately Corporations Act 2001 qualified member of the Institute of Chartered Accountants in Australia, CPA Australia or the Institute of Public Accountants; not a principal, member, shareholder, officer, agent, subcontractor or employee of the Recipient, an Project Participant or a Related Body Corporate of the Recipient or an Project Participant; and not the Recipient's accountant.
statistics for employment generated by or in connection with the Project; analysis of the effectiveness of each of the Knowledge Sharing Deliverables completed; and for any on-going Knowledge Sharing Deliverables, an update of progress in undertaking each Knowledge Sharing Deliverable. An acquittals statement certified by the Recipient's Financial Officer (or such other person approved by ARENA) The acquittals statement is to be provided by [insert] The acquittals statement must certify: that all ARENA Funding, Recipient Contributions and Other Contributions were spent for the purpose of the Project in accordance with this Agreement and that the Recipient has complied with this Agreement; and that salaries and allowances paid to persons involved in the Project are in accordance with any applicable or agreement in force under any relevant law on industrial or workplace relations. Audited financial statements prepared by an Approved Auditor in accordance with Accounting Standards in respect of the ARENA Funding, Recipient Contributions and Other Contributions Within [insert] after the end of each financial year during the term of this Agreement or otherwise at ARENA’s request The audited financial statements must include: a definitive statement as to whether the financial information for the Project represents the financial transactions fairly and is based on proper accounts and records; if the Recipient is a company, a separate declaration from the Recipient's directors that the Recipient is solvent, a going concern and able to pay its debts as and when they fall due; and detail of any ARENA Funding returned to ARENA by the Recipient and the reasons for such refund. In this item 3.1, the following terms have the following meaning: Accounting Standards means the standards of that name maintained by the Australian Accounting Standards Board (referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth)) or other accounting standards which are generally accepted and consistently applied in Australia; An Approved Auditor is a person who is: registered as a company auditor under the Corporations Act 2001 (Cth) or an appropriately qualified member of the Institute of Chartered Accountants in Australia, CPA Australia or the Institute of Public Accountants; not a principal, member, shareholder, officer, agent, subcontractor or employee of the Recipient, an Project Participant or a Related Body Corporate of the Recipient or an Project Participant; and not the Recipient's accountant.
arp-template-funding-agreement.docx