Para 3.5.21 — MSO

3.5.21 Unless it is otherwise ruled by Government, every grant made for a specified object is subject to the following implied conditions:

(i) If the sanctioning authority has not prescribed any time frame for the purpose, the grant will be spent upon the specified object within a reasonable time, which would normally be a period of one year from the date of issue of the sanction.

(ii) Any portion of the grant not ultimately required for expenditure upon the specified object will be surrendered.

Audit scrutiny, when undertaken, should pay special attention to the fulfilment of these conditions. Grants to non-government or quasi-government bodies or institutions