Section 16: Annual reports

(1) The Agency shall prepare and submit to the Minister not later than eighteen clear months after its establishment, and once every year thereafter, a report in such form as the Minister may direct on the activities of the Agency during the last preceding year, and shall include in the report a copy of the audited accounts of the Agency for that 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 so soon after the receipt thereof as may be convenient.
(3) For the purposes of the Agency's first report under this section, the last preceding year shall be deemed to include so much of any period before the beginning of that year as begins with the date of the first meeting of the Board.