52Publication of investment reports by Corporation

52 Publication of investment reports by Corporation

52 Publication of investment reports by Corporation

(1) The Corporation must, on an annual basis, publish a report on the Corporation’s website for the previous year that contains a summary of each investment made in the year for the Corporation’s investment function.

(2) Without limiting subsection (1), the report must include the following for each investment—

(a) the form of the investment,

(b) the value of the investment or the amount invested,

(c) the length of the investment and expected rate of return on the investment,

(d) when the investment was made,

(e) if the investment is a guarantee—the fee for the guarantee,

(f) the place at which the main activities to which the investment relates are carried out, and

(g) any other matters agreed between the Corporation and the Minister, with the concurrence of the Treasurer.

(3) The Corporation may publish additional reports about the Corporation’s investments—

(a) on the Corporation’s own initiative, or

(b) at the request of the Minister with the concurrence of the Treasurer.