4. The granting of the subsidy and the terms and conditions of payment must be recorded in a written agreement between the Minister and the applicant person or organization.
The applicant person or organization must undertake to use the subsidy only in pursuit of the objectives for which it is granted.
The applicant person or organization must also undertake to provide, not later than 30 June of the year following the year for which the subsidy is granted, or at any other time agreed with the Minister, the following documents:(1) a report on the activities completed using the subsidy, including a breakdown showing how the amounts received were used;
(2) a financial report containing a balance sheet, a statement of income and expenditure, and a detailed statement of the use made of the subsidy;
(3) a copy of a document or materials resulting from the project, if any.
1266-2021O.C. 1266-2021, s. 4.