42Annual report on regulatory functions
(1)As soon as is reasonably practicable after the end of a financial year, the Welsh Ministers must prepare and publish an annual report about the exercise of their regulatory functions in respect of that financial year.
(2)The annual report must include details of—
(a)how the Welsh Ministers have exercised those functions during the year,
(b)the extent to which they have, in the exercise of those functions—
(i)achieved the objectives referred to in section 4, and
(ii)had regard to the most recent statement of policy published under section 41, and
(c)how the duties mentioned in subsection (4) affected the exercise of those functions during the year.
(3)The annual report may include any other information the Welsh Ministers think appropriate.
(4)The duties referred to in subsection (2)(c) are the Welsh Ministers’ duties under—
(a)section 149 of the Equality Act 2010 (c.15) (public sector equality duty),
(b)section 1(1) of the Rights of Children and Young Persons (Wales) Measure 2011 (nawm 2) (duty to have due regard to the United Nations Convention on the Rights of the Child),
(c)section 7(1) of the 2014 Act (duty to have due regard to the United Nations Principles for Older Persons when exercising functions relating to adult social services), and
(d)Part 4 of the Welsh Language (Wales) Measure 2011 (nawm 1) (standards).
(5)The Welsh Ministers must lay a copy of a published annual report before the National Assembly for Wales.