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17(1)As soon as is reasonably practicable after the end of each financial year, the trustee corporation must send to the Secretary of State a report on the exercise of the trustee corporation's functions during that year.U.K.
(2)The report must include—
(a)a report on the trustee corporation's proceedings during the year, and
(b)any information the Secretary of State directs, relating to the financial position of the trustee corporation or any other matter.
(3)The Secretary of State must lay before Parliament a copy of each report received under this paragraph.