(1)Instead of transmitting to the Minister all the certified valuations received from the Regional Valuation Boards, as required by paragraph (a) of section fifty-seven of the principal Act, the Commission shall transmit to the Minister such particulars of those valuations as he may require for the purpose of laying before Parliament the statements required by that paragraph.
(2)The next report after the commencement of this Act to be made by the Commission to the Minister under paragraph (b) of the said section fifty-seven shall be a report as to their proceedings during the fifteen months ending on the thirty-first day of March, nineteen hundred and forty-four; and the annual reports to be made subsequently by the Commission under that paragraph shall be reports as to their proceedings during each period of twelve months ending on the thirty-first day of March.