(1) The Authority
must, on or before 30 September in every year, present a report to the
Minister on the administration of these regulations during the previous
financial year.
(2) A report under
this regulation must include—
(a) an
audited statement of the accounts of the Authority for the period to which the
report relates; and
(b)
directions given to the Authority by the Minister during the period to which
the report relates.
(3) The Minister must,
within 12 sitting days after receiving a report under this regulation, cause
copies of the report to be laid before each House of Parliament.