The Welsh Ministers must not make a payment to a person under this Scheme unless they are satisfied that the person has properly incurred, or will properly incur, expenditure of a kind in respect of which the grant or loan is payable and has complied, or will comply, with any conditions of the approval of the grant or loan.

For the purposes of paragraph (1), the Welsh Ministers may require the person to provide information evidencing expenditure or any necessary actions relating to the grant or loan.