40Annual report

#### 40 Annual report (1) The Board shall, as soon as practicable after each 30 June, furnish to the Minister a report on the operation of this Act, with particular reference to its operation during the year that ended on that date. (2) Reports under this section: (a) may include information or comments concerning the effect of this Act; (b) shall include statements of: (i) the names of companies to which the Board has authorized the payment of commencement grants during the relevant year and the respective amounts of those commencement grants; and (ii) the names of the companies with which the Board has entered into agreements under Division 2 of Part III during the relevant year and the respective amounts of the project grants provided for under those agreements; (c) shall include such information concerning the classes of manufacturing or mining in relation to which the Board has authorized the payment of commencement grants during the relevant year, and in relation to which the Board has entered into agreements under Division 2 of Part III during the relevant year, as the Board is satisfied can be included in those reports without disclosing matters relating to the operations or affairs of particular companies the disclosure of which would be likely to prejudice the business interests of those companies; (d) shall include: (i) statements of the names of persons with which the Board has made arrangements under section 39 during the relevant year for the carrying out of projects; (ii) statements of the respective amounts of the payments to those persons provided for under those arrangements; and (iii) particulars of the progress of those projects; and (e) shall include particulars of any directions given by the Minister under section 19, 19C or 21A during the relevant year. (3) The Minister shall cause a copy of each report under this section to be laid before each House of the Parliament within 15 sitting days of that House after receipt of the report by the Minister.