(1)A person appointed under this Chapter in relation to an entity must make a report about any relevant matter—
(a)which comes to their attention in discharging their functions arising under or pursuant to the preceding provisions of this Chapter, and
(b)which they consider that it would be in the public interest to bring to the attention of the entity, the local authority with which it is connected or the public.
(2)In subsection (1) “relevant matter” means—
(a)a matter relating to the financial affairs of the entity for the financial year, or
(b)a matter relating to the corporate governance of the entity.
(3)A report under this section must be sent to the entity before the end of the period of 14 days starting with the day on which the report is made.
(4)A copy of a report under this section must be sent before the end of that period to—
(a)the local authority with which the entity is connected, and
(b)the audit authority.
(5)The person appointed under this Chapter may—
(a)notify any person of the fact that the report has been made, and
(b)supply a copy of it or of any part of it to any person.