24Annual report by Board

24 Annual report by Board

[Section 24 Substituted by No. 59 of 2007, s. 8, Applied:01 Jan 2008] [Section 24 Substituted by No. 15 of 2015, s. 24, Applied:29 May 2015] [Section 24 Substituted by No. 9 of 2022, s. 37, Applied:01 Jul 2023]

(1)  The Board, in each year, is to provide to the Minister a report on the performance and exercise of its functions and powers for the period of 12 months that ended on the last preceding 30 June (or such other period of 12 months as may be determined by the Minister).

(2)  The report is to –

(a) include –

(i) a statement regarding the achievement of targets set out in the corporate plan approved and in effect under section 13A ; and

(ii) the financial statements of the Board, as audited by the Auditor-General, for the financial year ending on 30 June in the year to which the annual report relates (or other period as determined by the Minister); and

(iii) details of any changes to the membership of the Board; and

(iv) any information required by the Minister; and

(b) be completed by the date determined by the Minister.

(3)  In each year, the Minister is to, on or before 31 October or such other date as may be prescribed, cause a copy of the report referred to in subsection (1) to be laid on the table of each House of Parliament.

(4)  A date prescribed for the purposes of subsection (3) is to be a date not later than 4 months after the end of the period of 12 months referred to in subsection (1) .

(5)  If the Minister is unable to comply with subsection (3) by reason of the fact that either House of Parliament is not sitting, the Minister, on 31 October or such other date as is prescribed under subsection (3) , as the case may require, is to –