OVERSEAS DEVELOPMENT ADMINISTRATION
Eland House, Stag Place, London SW1E 5DH
Telex: 263907/8 FAX: 01-273
Telephone: 01-273
or Switchboard: 01-273 3000
GTN: 273
Your ref NAT/FIN/AM
Our ref OMB 8788/962/147/001A
Date 25 November 1988
N P Jackson Esq
Save the Children Fund
Mary Datchelor House
17 Grove Lane
Camberwell
London
SE5 8RD
SCF-HONG KONG
2.
Thank you for your letter of 3 November. Your letter of 3 May also refers.
We have carefully considered your application for funding and I am pleased to confirm that the Administration is prepared to provide a grant of £16,000 towards the cost of the main programme during the period 1 April 1988 to 31 March 1989 with a further grant of £2000 towards the expansion of the ELT programme in Hong Kong aimed at those awaiting resettlement in the United Kingdom.
3.
The terms of the grant are as follows:-
i.
project expenditure details will be made available for inspection at our request. We accept that it is difficult to itemise all individual local expenditure in less developed countries and we are, therefore, prepared to agree that a collated list of expenditures certified by Save the Children Fund's Field Director will be adequate for our accounting purposes;
The
ii. as a final discharge of our grant, this Administration will require that two signed copies of the Save the Children Fund's Annual Audited Statements prepared by an independent firm of recognised professional Accountants, be supplied to this Administration. Accounts must show the Administration's grant as a separate item of income. If it is not possible to show this project as a separate item of income in your accounts, two signed copies of Annual Audited accounts prepared as above should be submitted along with an audited certificate confirming total ODA receipts and expenditure on the project;
iii. if at the end of the project there is an unspent balance in hand from the grant it will be refundable to this Administration;
In
iv. officers of the National Audit Office and the Administration's own Internal Audit Unit reserve the right to inspect at any time, should they wish to do so, the books and accounts of the project. addition, the Comptroller and Audit General (The National Audit Office) may carry our examinations into the economy efficiency and effectiveness with which Save the Children Fund has used its resources in discharging its functions under this scheme;