Publication: Magyar Közlöny
Issue: MK-2004-56 (Year: 2004, Number: 56)
Era: 2004-2010
Section: 20/2002. (V. 16.) OGY határozat módosításáról*
Paragraph Index: 2908

c) For all expenditures with respect to which withdrawals from the Grant Account were made on the basis of statements of expenditure, the Recipient shall: (i) maintain or cause to be maintained, in accordance with subparagraph a) above, records and accounts reflecting such expenditures; (ii) retain, until at least after one year after the Bank has received the audit report for the fiscal year in which the last withdrawal from the Grant Account was made, all records (contracts, orders, invoices, bills, receipts and other documents) evidencing such expenditures; (iii) enable the Bank’s representatives to examine such records; and (iv) ensure that such records and accounts are included in the annual audit referred to in subparagraph b) above and that the report of such audit contains a separate opinion by said auditors as to whether the statements of expenditure submitted during such fiscal year, together with the procedures and internal controls involved in their preparation, can be relied upon to support the related withdrawals.

Source: https://magyarkozlony.hu/hivatalos-lapok/8f0fff6a265b0e7c4257705ec9da8e449f659c2f/dokumentumok/99bf081b4297e9df6d777f7eea84daae88413562/letoltes