11 Annual reports to Secretary of State

Annual report

11  Annual reports to Secretary of State

(1)     The Regulator must prepare a report for each financial year.

(2)     Each report—

(a)     must deal with the activities of the Regulator in the financial year for which it is prepared, including the matters mentioned in subsection (3), and

(b)     must include the report prepared under subsection (5) of section

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