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SENT BY:
2- 7-98 : 11:49 : SCI & TECH POLICY-
93620493:# 7/11
O:\BAI\BA198.190
SLC
20
I
(F) RECORDKEEPING.--ACT shall ensure
2
that each recipient of assistance from ACT
3
under this subsection keeps sneh records as
4
may be reasonably necessary 10 fully disclose
5
the amount and the disposition by such recipi-
PHOTOCOPY
PRESERVATION
6
ent of the proceeds of such assistance, the total
7
cost of the project or undertaking in connection
8
with which such assistance is given or used, and
9
the amount and nature of that portion of the
10
cost of the project or undertaking supplied by
11
other sources. and such other records as will fa-
12
cilitate an effective audit. ACT shall ensure
13
that it, or any of its duly authorized representa-
14
tives. shall have access for the purpose of audit
15
and examination to any books, documents, pa-
16
pers, and records of each recipient of assistance
17
from ACT that are pertinent to assistance pro-
18
vided through ACT under this subsection.
19 SEC. 625. NATIONAL EVENT SPONSORSHIP PROGRAM.
20
(a) ESTABLISHMENT. The Secretary shall establish
21 a program to be known as the "National Event Sponsor-
22 ship Program" under which the Secretary may award
23 grants to eligible entities or individuals for the sponsorship
24 of activities described in subsection (c).
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"ocrText": "SENT BY:\n2- 7-98 : 11:49 : SCI & TECH POLICY-\n93620493:# 7/11\nO:\\BAI\\BA198.190\nSLC\n20\nI\n(F) RECORDKEEPING.--ACT shall ensure\n2\nthat each recipient of assistance from ACT\n3\nunder this subsection keeps sneh records as\n4\nmay be reasonably necessary 10 fully disclose\n5\nthe amount and the disposition by such recipi-\nPHOTOCOPY\nPRESERVATION\n6\nent of the proceeds of such assistance, the total\n7\ncost of the project or undertaking in connection\n8\nwith which such assistance is given or used, and\n9\nthe amount and nature of that portion of the\n10\ncost of the project or undertaking supplied by\n11\nother sources. and such other records as will fa-\n12\ncilitate an effective audit. ACT shall ensure\n13\nthat it, or any of its duly authorized representa-\n14\ntives. shall have access for the purpose of audit\n15\nand examination to any books, documents, pa-\n16\npers, and records of each recipient of assistance\n17\nfrom ACT that are pertinent to assistance pro-\n18\nvided through ACT under this subsection.\n19 SEC. 625. NATIONAL EVENT SPONSORSHIP PROGRAM.\n20\n(a) ESTABLISHMENT. The Secretary shall establish\n21 a program to be known as the \"National Event Sponsor-\n22 ship Program\" under which the Secretary may award\n23 grants to eligible entities or individuals for the sponsorship\n24 of activities described in subsection (c)."
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