Grant Repayment Procedures and Beneficiary Obligations
Repayment Procedures for Subsidies (LSubv)
Beneficiary Obligations (Art. 14 LSubv)
Beneficiaries must adhere to the following requirements:
- Execution: Completion of the subsidized activity.
- Justification: Providing proof of expenditure to the Administration.
- Transparency: Communicating the receipt of other grants or aid.
- Reimbursement: Returning any unused or ineligible amounts.
The LSubv establishes a regulatory framework for validating and stamping expenditure proofs to prevent fraud and improve the efficiency of verification and control procedures.
Invalidity and Reimbursement
The general scheme mandates reimbursement if the concession agreement is deemed invalid. Article 36 of the LSubv (referencing Act 30/92) outlines grounds for invalidity, including...