Reports and informationE+W
As soon as possible after the end of each financial year—
(a)the Commission shall make to the Secretary of State a report dealing generally and in relation to each of their towns with their operations during that year, and shall include in the report a copy of their audited accounts for that year,
(b)every development corporation shall make to the Secretary of State a report dealing generally with the operations of the corporation during that year, and shall include in the report a copy of their audited accounts for that year,
and the Secretary of State shall lay a copy of every such report before each House of Parliament.
(1)Without prejudice to the requirements imposed by section 70 above, the Commission and every development corporation shall respectively provide the Secretary of State with such information relating to their undertaking as the Secretary of State may from time to time require.
(2)For that purpose the Commission and every development corporation—
(a)shall permit any person authorised by the Secretary of State in that behalf to inspect and copy the accounts, books, documents or papers of the Commission or corporation, as the case may be, and
(b)shall afford such explanation of those accounts, books, documents or papers as that person or the Secretary of State may reasonably require.