records and audit

records and audit Sec. 313. [16 U.S.C. 1459] (a) Each recipient of a grant under this title or of financial assistance under section 308, as in effect before the date of the enactment of the Coastal Zone Act Reauthorization Amendments of 1990, shall keep such records as the Secretary shall prescribe, including records which fully disclose the amount and disposition of the funds received under the grant and the proceeds of such assistance, the total cost of the project or undertaking supplied by other sources, and such other records as will facilitate an effective audit. (b) The Secretary and the Comptroller General of the United States, or any of their duly authorized representatives, shall— (1) after any grant is made under this title or any financial assistance is provided under section 308, as in effect before the date of the enactment of the Coastal Zone Act Reauthorization Amendments of 1990; and (2) until the expiration of 3 years after— (A) completion of the project, program, or other undertaking for which such grant was made or used, or (B) repayment of the loan or guaranteed indebtedness for which such financial assistance was provided, have access for purposes of audit and examination to any record, book, document, and paper which belongs to or is used or controlled by, any recipient of the grant funds or any person who entered into any transaction relating to such financial assistance and which is pertinent for purposes of determining if the grant funds or the proceeds of such financial assistance are being, or were, used in accordance with the provisions of this title.