3.1

Subject to Parliamentary appropriation and to the provisions of this Agreement, the Commonwealth agrees to pay the Funds to the Participant in accordance with the payment schedule specified in Item E.

3.2

The funding to be contributed by the Commonwealth for the performance of this Agreement by the Participant will not exceed the amount of Funds specified in Item E.

3.3

The Commonwealth may at its discretion:
  1. defer
  2. reduce or
  3. not make a payment of Fund
a payment of Funds where it forms the reasonable opinion that the full payment is not properly required by the Participant because of Project surpluses or underspends.

3.4

Without limiting its rights, the Commonwealth may at its discretion:
  1. defer
  2. reduce or
  3. not make a payment of Funds
a payment of Funds until the Participant has performed all of its obligations that are required to be performed up to the date of that payment under this Agreement.

3.5

The Participant agrees to submit invoices for payment of the Funds in the manner specified in Item E. The amount of the invoice will not exceed the amount of Funds properly required by the Participant for its use in relation to the performance of this Agreement up to the date of the next invoice.
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