Section 848: Annual returns.

(1) The trustees of the association shall, not earlier than 30th June or later than 31st December each year (other than the year in which it is incorporated), submit to the Commission a return showing the name of the association, the names, addresses and occupations of the trustees, and members of the council or governing body, particulars of any land held by the corporate body during the year, and of any change which has taken place in the constitution of the association during the preceding year.
(2) The return referred to in subsection (1) shall be accompanied by the audited statement of accounts for the year of return.
(3) If default is made in complying with this section, the corporate body is liable to a penalty as may be prescribed by regulation.