Common use of Final Statements Clause in Contracts

Final Statements. Subject to any adjustments resulting from such audits or notification of a dispute by the Minister, reports and statements shall be considered final and not subject to further audit after the end of the period provided for under Article 17.8(a). Notwithstanding any provision herein or in the Contract to the contrary, if in a subsequent period an issue or error is identified which relates to another period or to fraud or wilful misconduct alleged to have occurred at any time, the Minister shall have the right to re-examine reports and statements otherwise considered final or not previously audited.

Final Statements. Subject to any adjustments resulting from such audits or notification of a dispute by the Minister, reports and statements shall be considered final and not subject to further audit after the end of the period provided for under Article 17.8(a17.8 (a). Notwithstanding any provision herein or in the Contract to the contrary, if in a subsequent period an issue or error is identified which relates to another period or to fraud or wilful misconduct alleged to have occurred at any time, the Minister shall have the right to re-examine reports and statements otherwise considered final or not previously audited.