Nev. Admin. Code § 459.99932 - Conditions for payment and repayment of financial assistance

1. As soon as an agreement for financial assistance between the Division and a recipient is signed and the money is available, the entire amount of the financial assistance will be paid to the recipient.

2. Conditions for the payment and any repayment of financial assistance from the Fund:

(a) Must be set forth in the agreement for financial assistance between the Division and the recipient; and

(b) Are subject to any requirements and limitations that may be imposed by the United States Environmental Protection Agency.

3. As a condition of receiving financial assistance from the Fund, a recipient must agree to provide matching money equal to at least 20 percent of the amount received as financial assistance from the Fund. The recipient must demonstrate through its project accounting that the requirement concerning matching money is being met.

Notes

Nev. Admin. Code § 459.99932

Added to NAC by Environmental Comm'n by R084-04, eff. 10-8-2004

NRS 459.892