Town Centre Vibrancy Fund
Repayment of grant
Funding shall be withheld and/or, insofar as payment has been made, the grant recipient shall
repay funding either in whole or in part, including if:
- a domestic check by the UK Government, the National Audit Office, Wales Audit
Office, or the Court of Auditors or any of their representatives, identifies circumstances whereby a full or partial repayment of funding is due, or, if the Commission otherwise requires the funding to be withheld, reduced, cancelled, or recovered. - there has been an overpayment of funding.
- the applicant is found to have made any misrepresentation in connection with the application.
- the applicant has breached the provision of conditions.
- the property is not fully re-instated within 12 months of any occurrence giving rise to loss of or damage to the property.
- during its economic life, the project undergoes substantial change defined as being used for purposes other than those specified in the application or having a change of owner without notifying Carmarthenshire County Council. The economic life is the 5-year period following the date of the final payment of the grant.