27Annual report by scheme coordinator

27 Annual report by scheme coordinator

(1)  Within 90 days after the end of each financial year, a scheme coordinator must –

(a) prepare, in an approved form, an annual report for the Minister in respect of the scheme during the previous financial year; and

(b) provide the Minister with a copy of the annual report prepared in respect of the previous financial year.

(2)  A report under subsection (1) is to contain the prescribed information and details.

(3)  As soon as practicable after the Minister is provided with a copy of a report by a scheme coordinator under subsection (1)  –

(a) the Minister is to cause a copy of the report to be tabled in each House of Parliament; and

(b) the scheme coordinator is to publish the annual report –

(i) on the website operated by, or on behalf of, the scheme coordinator; and

(ii) in a manner that is freely accessible by members of the public.