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24(1)As soon as is reasonably practicable after the end of each financial year the Authority shall send to the Secretary of State a report on the exercise of the Authority’s functions during the year.
(2)A report must, in particular, specify any direction given to the Authority under paragraph 18 that had effect during the year to which the report relates.
(3)The Secretary of State shall lay before Parliament a copy of each report received by him under this paragraph.
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