Section 42: Annual Report.

(1) It shall be the duty of the Board to prepare and submit to the Minister, not later than three months after the end of the each financial year, a report which shall be in such form as the minister may direct.
(2) The copy of the report shall be forwarded to the Minister of Solid Minerals Development for his information and comments.
(3) The report shall include the audited account of the Fund in respect of the period in question together with the auditor's report on the accounts and shall be presented by the Minister to the Federal Executive Council not later than one month thereof.