54Submission of budgets and supplementary budgets to Secretary

#### 54 Submission of budgets and supplementary budgets to Secretary 54 Submission of budgets and supplementary budgets to Secretary > > (1) For the purpose of determining the amount to be paid from the Public Purpose Fund for a purpose referred to in section 53, the Secretary may require the beneficiary of the payment to prepare and submit a budget or supplementary budget to the Secretary, in respect of such period as the Secretary directs, relating to the costs or expenses of the beneficiary (including projected costs and expenses). > > > (2) Without limiting subsection (1), a budget or supplementary budget may relate wholly or partly to a past period if the Secretary so directs or approves, whether or not any cost or expense has already been incurred or met by the beneficiary. > > > (3) The budget or supplementary budget is to include such information as the Secretary directs. In particular, the Secretary may require the provision of information about the administration of the beneficiary. > > > (4) The Secretary may refuse to approve a payment under section 53 if the beneficiary has failed to submit a budget or supplementary budget as required under this section. > > > (5) In this section— > > > > beneficiary of a payment means the person or body to whom or in respect of whom a payment from the Fund may be made.