Common use of Acquittal Statements Clause in Contracts

Acquittal Statements. The Administering Institution shall, within the timeframe referred to in clause 10.1, and at any other time reasonably requested by Health, provide an acquittal statement (Acquittal Statement) in the form stipulated by Health, for all of the Funding received by the Administering Institution for that Research Activity. The Acquittal Statement must comply with applicable Australian Accounting Standards and include a statement of income and expenditure in respect of the Funds received in respect of the Research Activity attributable to its entire Funding Period (or other period specified by Health) that is certified by the Chief Financial Officer (or his or her authorised delegate) and demonstrates:

Acquittal Statements. ‌ The Administering Institution Eligible Organisation shall, within the timeframe referred to in clause 10.1, and at any other time reasonably requested by Health, provide an acquittal statement (Acquittal Statement) in the form stipulated by Health, for all of the Funding received by the Administering Institution Eligible Organisation for that Research Activity. The Acquittal Statement must comply with applicable Australian Accounting Standards and include a statement of income and expenditure in respect of the Funds received in respect of the Research Activity attributable to its entire Funding Period (or other period specified by Health) that is certified by the Chief Financial Officer (or his or her authorised delegate) and demonstrates: