16(1)As soon as reasonably practicable after the end of each financial year the QCDA must prepare an annual report for the financial year.
(2)The annual report must state how the QCDA has performed its functions in the financial year.
(3)The QCDA must publish each annual report and send a copy to the Secretary of State.
(4)The Secretary of State must lay before Parliament a copy of each annual report received under sub-paragraph (3).