Community benefit fund: gambling amelioration grants
How to acquit your grant
Gambling amelioration grants must be acquitted in the time frame detailed in your funding agreement.
Grants must only be used for the purpose stated in your application and in line with the budget breakdown you have provided. Any changes must first be approved in writing.
Depending on the time required to complete your grant you may be required to provide progress reports.
Payments will not be processed until the following financial year from when the application was lodged.
You must have an executed funding agreement in place before any funds can be paid.
For grants expected to be completed in 12 months or less, one payment will be made at the commencement of your grant.
Grants exceeding 12 months in length will receive annual payments. This payment is conditional on reporting requirements from the previous year being complete.
Your final acquittal must include:
- a description on how your project progressed
- the success of the final outcome highlighting the community benefit and achievements
- a report on the performance indicators nominated in your application.
The community benefit fund secretariat may request additional information to complete the acquittal process.
All gambling amelioration grants are required to provide an annual independently audited, income and expenditure statement specific to the grant funding.
The audited statement must be certified by a qualified accountant who is:
- a registered company auditor or public accountant under Northern Territory law
- a member of the Institute of Chartered Accountants in Australia or the Australian Society of Certified Practicing Accountants
- not be an officer, employee or member of your organisation.
Your organisation should keep grant records for seven years. They must be available for audit at any time.
You are not required to return any unspent funds less than $100.
If you have more than $100 of unspent funds left, you must refund the CBF.
You can refund the money by either:
- cheque payable to the Receiver of Territory Monies
- or contact the CBF secretariat and request an invoice to be created that will allow for electronic payment.
Grant acquittals are incomplete until all money subject to the refund policy is received.
Last updated: 31 August 2018
Share this page:URL copied!