(1)  This section applies in relation to a funded entity if –

(a) the entity fails to comply with a requirement of a notice given to the entity under section 23(5) in relation to a term or condition of a grant to the entity; and

(b) the Secretary is of the opinion that the entity is continuing to fail to comply with the term or condition.

(2)  The Secretary may –

(a) terminate the funding agreement in relation to a funded entity to which this section applies; or

(b) with the consent of a funded entity to which this section applies, appoint, for a period of not more than 90 days, a person as administrator of –

(i) the services to be provided by the funded entity for the purposes of the grant; or

(ii) the research or development to be carried out by the funded entity for the purposes of the grant.

(3)  If a funding agreement in relation to a funded entity is terminated, the entity must return to the Secretary, within 90 days, the balance of any grant to which the funding agreement relates that is outstanding at the date of the termination.