Print Options

(1) The Board shall, within one month after receipt of the audit report, submit to the Minister an annual report covering the activities and operations of the Authority for the year to which the report relates.

(2) The annual report shall include

(a) the report of the Auditor-General;

(b) a performance report;

(c) a report on the finances of the Authority specifying

(i) the total inflows,

(ii) disbursements,

(iii) investment returns and reserves, and

(iv) the cost of projects executed by the Authority; and

(d) any other information that may be required by the Minister in conformity with the Public Financial Management Act, 2016 (Act 921) or that may be relevant to enhance transparency and accountability.

(3) The Minister shall, within one month of the receipt of the annual report from the Authority, submit the report to Parliament with a statement that the Minister considers necessary.

(4) The Board shall submit to the Minister any other report which the Minister may request in writing.

(5) Subject to matters that the Board may designate as confidential, the Authority shall publish the reports on the website of the Authority and in a medium of communication that the Board considers necessary.