Section 10: Annual reports

(1) Each Authority shall prepare and submit to the Minister, once every year a report in such form as the Minister may direct on the activities of the Authority during the last preceding financial year and shall include in the report a copy of the audited accounts of the Authority for that year and of the auditor's report thereon.
(2) The Minister shall cause a copy of each report made to him under this section to be submitted to the President and shall also send a copy to the Governors of the States in the area of operation of the Authority concerned.