Bare ActsThe Grant to Social Welfare Institutions/Organisations By the GNCTD

Section 1

In consideration of the sum of Rs…………(Rupees……………

Amendment status not verified — confirm the current text below against the official source.

In consideration of the sum of Rs…………(Rupees…………….) only granted by a Government to the Grantee as Grant-in-aid; the Grantee here by agrees:- i. to utilize the above said amount of grant-in-aid for the aforesaid purpose. ii. To keep the accounts of the……………and account of the above said amount of grant-in-aid appropriate from and to subject them to government examination or audit at any time as specified by the Government or any office authorized by the Lt. Governor, Government of the National Capital Territory of Delhi in this behalf bearing expenditure thereof as provided in the Grants to Social Welfare Institutions/Organization by the government of the National Capital Territory of Delhi Rules 2008 (hereafter called “the said Rules”) iii. To keep account of the assets particularly those of permanent and quasi-permanenature acquired wholly or substantially out of the above said grant-in-aid and to transfer them to the Government on demand in case of grantee cases to exist or the Government under clause 2 so directs in the event of any contravention of the said Rules by the Grantee, in appropriation of the amount of the said grant-in-aid. iv. To refund to the Government all or such part of the amount to grant-in-aid that remains un- utilized at the end of the financial year…………or as such other date as the Government may, on the request of the said society or otherwise, specify in this behalf, and to furnish a certificate immediately after the close of the said financial year or the specified date, as the case may be to the effect that the rest of the amount has been utilized for the said purpose and v. To exercise reasonably economy and care in expending t he amount of grant-in-aid.

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