Section 123.7. Limitations and penalties

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(a) When a project is funded, the grantee shall place the grant funds in an interest bearing account. Interest earned on the invested grant funds must be returned to the Department.
(b) An applicant may not make or authorize any substantial change to an approved project without first obtaining the Department’s consent in writing.
(c) If the full amount of the grant is not required for the project, the unused portion shall be returned to the Department.
(d) Failure to comply with the guidelines contained in this chapter may result in penalties, including repayment of funds with interest.

The provisions of this § 123.7 amended August 31, 2001, effective September 1, 2001, 31 Pa.B. 4966; amended October 20, 2006, effective October 21, 2006, 36 Pa.B. 6411; amended September 5, 2008, effective September 6, 2008, 38 Pa.B. 4915. Immediately preceding text appears at serial page (329933) to (329934).

Notation

Cross References

This section cited in 12 Pa. Code § 123.5 (relating to application submission and approval procedure).

                    
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