Common use of FLEXIBILITY IN FUNDING ARRANGEMENTS Clause in Contracts

FLEXIBILITY IN FUNDING ARRANGEMENTS. (a) Subject to the limitations of existing authorities under the written policies and directives of the Funding Governments that are applicable to the transfers of funds to the Oversight Body, the Funding Governments shall to the extent possible permit the Oversight Body to:‌ (i) develop its annual budget and work plan without the requirement for approval by the Funding Governments; (ii) carry unspent General Operations funds forward from one year to the next, provided that the funds may still be spent only in furtherance of the Oversight Body’s roles and responsibilities under this Agreement; (iii) at the end of a fiscal year, re-allocate any unspent General Operations funds (including General Operations funds that have been carried forward a year) to the Research Program; (iv) carry unspent Research Program funds forward, provided that the funds may still be spent only in furtherance of the Oversight Body’s roles and responsibilities under Article 7 (“Active Research Toward a Permanent Solution for Arsenic”); and (v) report to the Funding Governments on its expenditures at the frequency and level of detail commensurate with a grant under the Treasury Board of Canada’s system of grants and contributions. (b) If the applicable written policies and directives of the Funding Governments do not authorize funding agreements that would permit the Oversight Body the flexibility to manage funds and report as described in section 11.7(a), the Minister of Aboriginal Affairs and Northern Development shall without unreasonable delay seek authority from the Treasury Board of Canada to transfer the funds under Article 11 by way of a grant or other funding mechanism that permits the Oversight Body the flexibility to manage funds as described in section 11.7(a).‌ (c) If the Oversight Body believes that the Minister has not complied with the requirements of section 11.7(b), the Oversight Body may initiate the dispute resolution process described in Article 13 of this Agreement.