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SERVICE
ACCOUNTABILITY AGREEMENT
Article 5 - Repayment and Recovery of Funding |
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5.1 |
Repayment and Recovery.
- At the End of a Funding Year. If, in any
Funding Year, the HSP has not spent all of the Funding
the LHIN will require the repayment of the unspent
Funding.
- On Termination or Expiration of the Agreement.
Upon termination or expiry of the Agreement,
the LHIN will require the repayment of any Funding
remaining in the possession or under the control of the
HSP and the payment of an amount equal to any Funding
the HSP used for purposes not permitted by this
Agreement.
- On Reconciliation and Settlement. If
the year end reconciliation and settlement process
demonstrates that the HSP received Funding in excess of
its confirmed funds, the LHIN will require the repayment of
the excess Funding.
- As a Result of Performance Management or System
Planning. If Services are adjusted, as a result of
the performance management or system planning processes,
the LHIN may adjust the Funding to be paid under
Schedule B, require the repayment of excess Funding
and/or adjust the amount of any future funding
installments accordingly.
- In the Event of Forecasted Surpluses.
If the HSP is forecasting a surplus the LHIN may adjust
the amount of Funding to be paid under
Schedule B,
require the repayment of excess Funding and/or adjust
the amount of any future funding
installments accordingly.
- On the Request of the LHIN. The HSP will, at
the request of the LHIN,
repay the whole or any part of the Funding, or an amount
equal thereto if the HSP:
- has provided false information to the LHIN
knowing it to be false;
- breaches a term or condition of this Agreement
and does not, within 30 Days after receiving from
the LHIN written notice of the breach take
reasonable steps to remedy the breach; or
- breaches any Applicable Law that directly relates to the provision
of, or ensuring the provision of, the Services.
- Subsections 5.1(c) and (d) do not apply to Funding
already expended properly in accordance with this
Agreement. The LHIN will, at its sole discretion, and
without liability or penalty, determine whether the
Funding has been expended properly in accordance with
this Agreement
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5.2 |
Provision for the Recovery of Funding. The HSP
will make reasonable and prudent provision for the recovery
by the LHIN of any Funding for which the conditions of
Funding set out in subsection 4.5 are not met and will hold
this Funding in accordance with the provisions of subsection
4.6 until such time as reconciliation and settlement has
occurred with the LHIN. Interest earned on Funding will be
reported and recovered in accordance with subsection 4.6. |
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5.3 |
Settlement and Recovery of Funding for Prior Years.
- The HSP acknowledges that settlement and recovery of
Funding can occur
up to seven years after the provision of Funding.
- Recognizing the transition of responsibilities from
the MOHLTC to the LHIN, the HSP agrees that if the
Parties are directed in writing to do so by the
MOHLTC, the LHIN will settle and recover funding
provided by the MOHLTC to the HSP prior to the
transition of the services or program to the LHIN,
provided that such
settlement and recovery occurs within seven years of the
provision of the funding by the MOHLTC. All such
settlements and recoveries will be subject to the terms
applicable to the original provision of fundng.
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5.4 |
Debt Due.
- If the LHIN requires the re-payment by the HSP of
any Funding the amount required will be deemed to be a
debt owing to the LHIN by the HSP. The LHIN may adjust
future funding installments to recover the amounts owed
or may, at its discretion direct the HSP to will pay the
amount owing to the LHIN
- All amounts repayable to the LHIN will be paid by
cheque payable to the "Ontario Minister of Finance" and
mailed to the LHIN at the address provided in
section 13.1.
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5.5 |
Interest Rate. The LHIN may charge the HSP
interest on any amount owing by the HSP at the then current
interest rate charged by the Province of Ontario on accounts
receivable. |
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