Common use of Changes to the Budget Clause in Contracts

Changes to the Budget. 12.1 Notwithstanding clause 11, the Recipient may amend the Budget without ARENA's approval where: (a) the increase or decrease (taken with all previous changes) in: (i) any individual item of expenditure is less than 10% of the allocated amount for that item; and (ii) the quantum of the Budget is less than 10%; and (b) the change, taken with all previous changes, would not result in the total Overseas Expenditure exceeding 10% of the ARENA Funding.

Changes to the Budget. 12.1 8.1 Notwithstanding clause 117, the Recipient may amend the Budget without ARENA's approval where: (a) where the increase or decrease in an individual item, or the quantum of the Budget (taken with all previous changes) in: (i) any individual item of expenditure ), is less than 10% of the allocated amount for that item; and (ii) the quantum of the Budget is less than 10%; and (b) the change, taken with all previous changes, would not result in the total Overseas Expenditure exceeding 10% of the ARENA Funding10 percent.