Part IV General and Supplemental

Information provisions

60 Annual report of the Authority.

1

As soon as reasonably practicable after the end of each financial year the Authority shall prepare a report on its activities during that year and shall send a copy of that report to the Secretary of State.

2

The Authority’s annual report—

a

shall set out—

i

all such directions under section 6 above, this section or Part II of Schedule 1 to this Act, and

ii

all such determinations under that Part of that Schedule,

as have been given to it or made during the financial year to which the report relates;

b

shall incorporate the statement of accounts prepared by the Authority in respect of the accounting year ending with the financial year in question, together with a copy of the report on those accounts which is required to be laid before Parliament under paragraph 15(4) of Schedule 1 to this Act; and

c

shall otherwise be in such form, and contain such information, as may be specified in a direction given to it by the Secretary of State.

3

The information contained in the Authority’s annual report shall not include any such information as falls to be excluded by virtue of subsection (3) or (4) of section 57 above from the information which is to be made available in pursuance of arrangements under that section.

4

Nothing in subsection (3) above shall prevent the inclusion in the Authority’s annual report of any information which has already been made public by virtue of any provision of this Act or of any other enactment.

5

In consequence of section 49 of the 1991 Act (report on operation of that Act), it shall not be necessary for the Authority’s annual report to include any report on the operation of that Act.

6

As soon as reasonably practicable after he has received the Authority’s annual report for any financial year the Secretary of State shall lay a copy of it before each House of Parliament.

7

It shall be the duty of the Authority—

a

to arrange for copies of every annual report of the Authority to be published in such manner as it considers appropriate for securing that the information contained in it is available to the persons likely to be interested in it; and

b

to send the Secretary of State such number of copies of the published report as he may require.