; and (ii) projects for which matching funds are available. (D) Waiver The Secretary may waive the application of subparagraphs (B) and (C) if the Secretary determines that the waiver is necessary to support a conservation project that the Secretary has identified as being of high priority. (d) Project reporting (1) In general Each individual or entity that receives assistance for a project under this section shall submit to the Secretary, at such intervals as the Secretary may require, periodic reports that include all information that the Secretary, after consultation with other government officials, determines is necessary to evaluate the progress and success of the project for the purposes of ensuring positive results, assessing problems, and fostering improvements. (2) Availability to the public Each report under paragraph (1) and any other document relating to a project for which financial assistance is provided under this title shall be made available to the public in a timely manner. 405. Southwest Desert Fish Conservation Fund (a) Establishment There is established in the Treasury of the United States a separate account, to be known as the Southwest Desert Fish Conservation Fund , consisting of— (1) amounts transferred to the Secretary of the Treasury for deposit into the Fund under subsection (e); (2) amounts appropriated to the Fund under section 407; and (3) any interest earned on investment of amounts in the Fund under subsection (c). (b) Expenditures from fund (1) In general Subject to paragraph (2), at the request of the Secretary, the Secretary of the Treasury shall transfer from the Fund to the Secretary, without further appropriation, such amounts as the Secretary determines are necessary to carry out section 404. (2) Administrative expenses To pay the administrative expenses necessary to carry out this title in a fiscal year, the Secretary may expend from the Fund not more than the greater of— (A) 3 percent of the amounts in the Fund that are available for the fiscal year