- (a) When a project is funded, the grantee shall place the grant funds in an interest bearing account. Interest earned on the invested grant funds must be returned to the Department.
- (b) An applicant may not make or authorize any substantial change to an approved project without first obtaining the Department’s consent in writing.
- (c) If the full amount of the grant is not required for the project, the unused portion shall be returned to the Department.
- (d) Failure to comply with the guidelines contained in this chapter may result in penalties, including repayment of funds with interest.
Source
The provisions of this § 123.7 amended August 31, 2001, effective September 1, 2001, 31 Pa.B. 4966; amended October 20, 2006, effective October 21, 2006, 36 Pa.B. 6411; amended September 5, 2008, effective September 6, 2008, 38 Pa.B. 4915. Immediately preceding text appears at serial page (329933) to (329934).
Cross References
This section cited in 12 Pa. Code § 123.5 (relating to application submission and approval procedure).