Australian Research Council Act 2001 - Discovery Projects - Funding Rules for funding commencing in 2007
10Administration of funding
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10 Administration of funding
10.1 Funding Agreement
10.1.1 All parties involved in a Proposal should familiarise themselves with the draft Funding Agreement, but only the Administering Organisation and the ARC will be parties to this agreement. Parties involved in a funded project must accept the terms of the Funding Agreement and the Administering Organisation must sign the Funding Agreement before the ARC will commence payments.
10.1.2 Projects must commence as required by the Funding Agreement. Failure to do so may result in termination of the Funding Agreement.
10.1.3 Administering Organisations should note that the Funding Agreement covers the post-award management, including reporting requirements and financial management. The draft Funding Agreement can be viewed on the ARC website (http://www.arc.gov.au).
10.1.4 Varying the Funding Agreement
10.1.4.1 Requests to vary the Funding Agreement must be forwarded in writing by the Administering Organisation’s Research Office to the ARC. Forms are available on the ARC web site (http://www.arc.gov.au). Negotiation or amendment of any clauses of the draft Funding Agreement is at the ARC’s absolute discretion.
10.1.5 Varying the Funding Approval
10.1.5.1 Requests to vary the Funding Approval must be forwarded in writing by the Administering Organisation’s Research Office to the ARC.
10.1.5.2 The Funding Approval may be varied by varying the amount of financial assistance, the duration of financial assistance, the name of the person leading the research project and/or the name of the organisation receiving financial assistance.
10.1.5.3 The Minister may vary the Funding Approval where:
a. any of the organisations involved in the project end, or substantially change, their involvement with the project;
b. the research project changes so that it is no longer consistent with the description in the Funding Approval;
c. the person nominated in the Funding Approval as the person leading the research project ceases to lead the project; or
d. the ARC considers and recommends that the particular circumstances of the project warrant variation of the Funding Approval, providing such variation is reasonably justified upon the facts of the case and any variation or change to the project accords with the Discovery Projects objectives.
10.1.6 Reports