Dormant Accounts Act, 2001
|
PART 7 Miscellaneous | ||
|
Reports. |
45.—(1) The Agency shall, not later than 31 March in each year, make a report to the Board in relation to the Fund for the previous financial year and, in particular, the report shall include— | |
(a) details of the amount transferred to the Fund, | ||
(b) the investment return achieved by the Fund, | ||
(c) details of the costs and expenses incurred by the Agency in relation to the performance of its functions under this Act, | ||
(d) details of the remuneration, fees and allowances for expenses of the inspectors referred to in section 17 (4)(a)(ii), | ||
(e) the current balance in the Fund, and | ||
(f) any other information that may be required by the Board, | ||
and the first report shall be made not later than 31 March 2004. | ||
(2) The Board shall, not later than 30 June in each year, make a report to the Minister on the performance of its functions and its activities during the previous financial year and the Minister shall cause copies of the report to be laid before each House of the Oireachtas as soon as practicable after its receipt by the Minister and the first report shall be made not later than 30 June 2004. | ||
(3) A report made under subsection (2) shall include— | ||
(a) particulars of those to whom disbursements were made by the Board under Part 6 and the amount of each disbursement, | ||
(b) details of the costs and expenses incurred by the Board in the performance of its functions under this Act, | ||
(c) a copy of the report of the Agency made under subsection (1), and | ||
(d) any other information that may be required by the Minister. | ||
(4) The Agency or the Board, as the case may be, shall provide the Minister with any further information regarding the performance of its functions that the Minister may from time to time require. |