Common use of Reports and Review Clause in Contracts

Reports and Review. 6.1 SDS shall be entitled, at its sole discretion, to carry out after the end of an Agreement Year, or at any other time, a review of the Learning Provider's performance in relation to compliance with the Operational Rules and Quality Standards. 6.2 Within three months after the end of an Agreement Year the Learning Provider will provide SDS with an annual report, in a format acceptable to SDS, which will contain at least the following: 6.2.1 Learning Provider's most recent, audited financial statements; and 6.2.2 a report on compliance with the Operating Rules and all relevant Quality Standards during the previous Agreement Year. 6.3 The Learning Provider will maintain accurate records of learner attendance, progression, evaluation and compliance with this Agreement. 6.4 The Learning Provider agrees that SDS and/or its duly authorised representatives shall be entitled to inspect the Learning Providers premises and inspect and copy its records pursuant to this Clause 6 in relation to SDS ▇▇▇ for the purposes of monitoring compliance with this Agreement. 6.5 In the event that the Learning Provider is, or any arrangement is entered into or agreed whereby it may be, subject to a change of "control" within the meaning of either Section 416 or Section 840 of the Income and Corporation Taxes Act 1988 or any other material change in its management the Learning Provider shall notify SDS forthwith in writing.