Section 22: Annual reports.

(1) Each Commodity Board shall prepare and submit to the Minister not later than eighteen months after the establishment, and once every year thereafter, a report in such form as the Minister may direct on the activities of the Board during the last preceding financial year and shall include in the report a copy of the audited accounts of the Board for the year and of the auditor's report on the accounts.
(2) The Minister shall cause a copy of each report made to him under this section to be laid before the President and shall also send a copy to each of the Governors of the States concerned.
(3) For the purposes of each Board's first report under this section, the last preceding financial year shall be deemed to include so much of any period before the beginning of that year commencing as begins with the date of the first meeting of the Board concerned.