(1) A school council must prepare a report (to be called an annual report) relating to—
(a) financial activities including any matters required by a Ministerial Order as at a date fixed by Ministerial Order; and
(b) the school plan; and
(c) any other matters that are determined by the Minister.
(2) A council must ensure that—
(a) the annual report is prepared by the date fixed by Ministerial Order; and
(b) the report is prepared in accordance with any Ministerial Order and any standards and guidelines issued by the Minister; and
(c) a copy of the annual report—
(i) is published and made available to the local community of the school or group of schools in relation to which the council is constituted; and
(ii) is given, upon request, to the Secretary or any other person.