S.L. 478.3 Art. 8Significant changes in the budget.

(1) If the final overall budget and overall qualifying expenditure exceeds the estimated overall budget and estimated qualifying expenditure as indicated in the provisional certificate, by more than ten percent (10%), the Commissioner shall be informed in writing.

(2) If the Commissioner finds that the final overall budget and overall qualifying expenditure exceed the estimated overall budget and estimated eligible qualifying expenditure as indicated in the provisional certificate, the Commission reserves the right to award the final incentive on not more than ten percent (10%) over and above the overall qualifying expenditure, as outlined in the provisional certificate.

(3) For the purpose of this regulation, if further allowances are made, the financial incentives will be granted at the discretion of the Commissioner.