Regulation 37 Conditions of grants
The following conditions shall apply to the payment and acceptance of all grants under this Part of these Regulations:–
the governing body shall furnish such estimates of income and expenditure andshall give such other information to the Secretary of State as he may require;
the accounts shall be audited to the satisfaction of the Secretary of State, and the governing body shall, if the Secretary of State intimates to it that he is not so satisfied, make such arrangements for the audit of its accounts as satisfy him; and
the governing body shall comply with any requirement imposed on it by these Regulations.
The following additional conditions shall apply to the payment and acceptance of non-recurrent grant:–
the governing body shall obtain the sanction of the Secretary of State to the purchase of any land, or rights therein, and buildings proposed to be acquired, and his approval of any building and other works proposed to be undertaken, with the aid of grant; and
where any property which is in the ownership of the governing body, whether or not it was provided with the aid of the grant, is no longer required by the governing body for the purpose for which it was provided, the governing body may with the consent of the Secretary of State, and shall if the Secretary of State so directs, sell or otherwise dispose of the said property, and shall repay to the Secretary of State such part as he may require of any proceeds of the sale or disposal.
The following additional conditions shall apply to the payment and acceptance of recurrent grant:–
the scales of tuition and other fees charged to students attending the college shall be approved by the Secretary of State; and
the governing body in determining the scales of charges to students resident in hostels, the scales of charges for meals, and the scales of charges for other services provided to staff or students under its administration shall have regard to the principle that hostels, facilities for meals and other services should, save in exceptional circumstances, be self-supporting.