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(1) The board shall submit to the Minister as soon as practicable and in any

Event not later than six months after the end of each financial year a report dealing generally with the activities and operation of the Authority during the year to which the report relate and shall include

(a) the audited accounts of the Authority and the Auditor-General's audit report and the accounts of the Authority, and

(b) any other information that the Board considers necessary.

(2) The Minister shall within two months after the receipt of the annual report under subsection (I) submit the report to Parliament with a statement that the Minister considers necessary.