If it is found through a review of fund recipient reports, a compliance audit, or through any other means that a recipient of funds from the Development and Enhancement Fund has expended funds for any purpose other than that approved by law or this part, the Chief Fiscal Officer of the State may take any or all of the following actions:

1. (1) Withhold current funds to said recipient pending correction of the unapproved use of funds;
2. (2) Require reimbursement of misused funds as outlined in 19 CAR § 50-113; or
3. (3) Take any other action authorized by law to correct the misuse of funds or to demand reimbursement of misused funds.