13(1)The OfS must prepare a report on the performance of its functions during each financial year.E+W
(2)The report must include the statement of accounts in respect of that year.
(3)The report must include a statement regarding how the OfS has cooperated with UKRI during that year.
(4)If, at any time in the financial year to which the report relates, all of the OfS's access and participation functions were not delegated to the Director under paragraph 11, the report must include a statement specifying—
(a)the period or periods in that year during which those functions were not delegated to the Director, and
(b)the reasons why they were not so delegated.
(5)The report relating to a financial year must be prepared as soon as possible after the end of the financial year.
(6)The OfS must send the report to the Secretary of State.
(7)The Secretary of State must lay the report before Parliament.
Commencement Information
I1Sch. 1 para. 13 in force at 1.1.2018 by S.I. 2017/788, reg. 2(b)