This legislation has been repealed.
If—
(a) a prescribed payment is made by way of a grant; and
(b) the amount of the payment or a part of that amount is not expended by the person to whom or the body to which the payment was made—
(i) for the purpose for which the payment was made; or
(ii) how or within the time (if any) specified in an instrument under section 46 (2) in relation to that payment;
an amount equal to the
amount of the payment or that part of the amount of the payment, as the case
requires, is payable by that person or body to the Minister for the purpose of
the fund.