Section 9: Annual report and estimates

(1) The Council shall on or before 1 October each year, prepare and present to the Minister a report of its proceedings and operations during the period of twelve months ending on 31 March in that year, and the report shall be accompanied by a certified copy of the audited accounts of the Council for that period.
(2) The Minister shall as soon as may be after receipt thereof, submit a copy of every such report together with the audited accounts to the President.
(3) The Council shall not later than 1 August in each year or as soon thereafter as the Minister may in a proper case allow, submit to the Minister for approval its estimates of revenue and expenditure in respect of the year beginning with 1 January in the following year.