Part 1The Office of Fair Trading
Establishment of OFT
4 Annual and other reports
1
The OFT shall, as soon as practicable after the end of each financial year, make to the Secretary of State a report (the “annual report”) on its activities and performance during that year.
2
The annual report for each year shall include—
a
a general survey of developments in respect of matters relating to the OFT’s functions;
b
an assessment of the extent to which the OFT’s main objectives and priorities for the year (as set out in the annual plan) have been met;
c
a summary of the significant decisions, investigations or other activities made or carried out by the OFT during the year;
d
a summary of the allocation of the OFT’s financial resources to its various activities during the year; and
e
an assessment of the OFT’s performance and practices in relation to its enforcement functions.
3
The OFT shall lay a copy of each annual report before Parliament and arrange for the report to be published.
4
The OFT may—
a
prepare other reports in respect of matters relating to any of its functions; and
b
arrange for any such report to be published.