(1) The board of directors of a corporation shall, as soon as possible after the expiry of each financial year but within six months after the end of the financial year, submit an annual report to the sector Minister dealing generally with the activities and operations of the corporation within that year.

(2) The annual report shall include

(a) a copy of the audited accounts of the corporation together with the Auditor-General's report on them;

(b) a statement of any directions given by the sector Minister to the Board within that year in accordance with this Act and the enactment under which the corporation exists; and

(c) such other information as the sector Minister may in writing reasonably request.

(3) A copy of the annual report of the Board of Directors of a corporation shall also be sent by the Board to

(a) the Minister for Finance;

(b) the head of the Ghana Statistical Service;

(c) the Governor of the Bank of Ghana; and

(d) any other person that the Minister for Finance may authorise.

(4) The sector Minister shall, as soon as practicable and in any event within two months after receiving the annual report of the Board, cause the report to be laid before Parliament.