4. Monitoring & Evaluation

•Regulation 12. Obligations of the recipient of funds.

12. (1) A recipient of the funds shall─

 (a)   Submit   quarterly             and   annual   progress            reports   of   the programmes, projects and initiatives funded by the Fund; and

(b)  Allow   staff   of   the   secretariat   to   monitor   and   evaluate programmes, projects and initiatives funded by the Fund.