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55.—(1) The Department, unless it otherwise determines, shall not pay a grant under regulation 54 until the Executive has made a claim for it in such form and manner as the Department may determine.
(2) The Department may withhold from the Executive so much of any grant under regulation 54 as it thinks fit until either—
(a)the Executive has supplied it with prescribed particulars relating to its claim for a grant and complied with prescribed conditions as to records, certificates, audit or otherwise; or
(b)the Department is satisfied that there is a good reason for the Executive’s failure to supply those particulars or comply with those conditions.
(3) If the Executive fails to make a claim for a grant within such period as the Department considers reasonable, the Department may withhold from the Executive such part of the grant as it thinks fit for so long as it thinks fit.
(4) Where the amount of the grant paid to the Executive for any year is found to be incorrect, the amount of the grant payable to it for any subsequent year may be adjusted for the purpose of rectifying that mistake in whole or in part.
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