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The Marine, Fisheries and Aquaculture (Financial Assistance) Scheme (Wales) Regulations 2022
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Records, inspection and notification of changes
10. It is a condition of the payment of any grant and the making of loans that the person to whom the payment is made must—
(a)make a record of all payments of grant or loan made and all expenditure in respect of which such payments are made,
(b)keep any record referred to in paragraph (a) for at least six years after the date on which the last payment was made,
(c)upon reasonable notice by the Welsh Ministers, make any record referred to in paragraph (a) available for inspection, and
(d)notify the Welsh Ministers as soon as reasonably practicable of any material change in circumstances that is relevant to the payment of the grant or loan.
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