| (1) | The board must, within three months after the end of each financial year, submit a report to the Minister which includes a financial statement on the performance of its functions during the preceding financial year. |
| (2) | The annual report contemplated in subsection (1) must— |
| (b) | fairly present its activities and other business; |
| (c) | fairly present its financial results and financial position at year end; |
| (d) | fairly present its performance against predetermined objectives; |
| (e) | contain the report drafted by the audit committee contemplated in section 49L(6)(a)(ii) and approved by the board; and |
| (f) | contain any other information that may be prescribed by the Minister from time to time. |
[Section 49U inserted by section 29 of Notice No. 21, GG 40548, dated 17 January 2017]
