Final report6

1

As soon as reasonably practicable after the transfer date, the Treasury must make a report (“the final report”) setting out the details in paragraph (2) for the period which—

a

began immediately after the end of the last period for which the Commissioners made a report under section 5(3) of the Public Works Loans Act 1875, and

b

ended immediately before the transfer date.

2

The final report must contain details of—

a

any money issued to the Commissioners;

b

any loans granted by the Commissioners;

c

the execution of the duties of the Commissioners;

d

any difference that may have arisen between the Commissioners and any public department respecting the grant of any loan or the construction of any Act relating to the loans by the Commissioners; and

e

any other particulars as the Treasury may think fit.

3

The Treasury must lay a copy of the final report before Parliament.