sch.56-sec.17Non-compliance with particular term of financial agreement

### sch.56-sec.17 Non-compliance with particular term of financial agreement This section applies if— the authority approves, under section 13 (1) , an application for assistance under the scheme that is, or includes, establishment assistance; and the authority and the approved applicant are parties to a financial agreement for the assistance that is in effect; and the applicant fails to comply with the term of the agreement mentioned in section 15 (4) (a) . The authority’s decision to approve the application is revoked. Also, the application is taken to have been withdrawn. sch 56 s 17 ins 2023 SL No. 183 s 3 (sch.56-sec.17-ssec.1) This section applies if— the authority approves, under section 13 (1) , an application for assistance under the scheme that is, or includes, establishment assistance; and the authority and the approved applicant are parties to a financial agreement for the assistance that is in effect; and the applicant fails to comply with the term of the agreement mentioned in section 15 (4) (a) . (sch.56-sec.17-ssec.2) The authority’s decision to approve the application is revoked. (sch.56-sec.17-ssec.3) Also, the application is taken to have been withdrawn. - (a) the authority approves, under section 13 (1) , an application for assistance under the scheme that is, or includes, establishment assistance; and - (b) the authority and the approved applicant are parties to a financial agreement for the assistance that is in effect; and - (c) the applicant fails to comply with the term of the agreement mentioned in section 15 (4) (a) .