(1) The Council must, before 30 June in each year, submit to the Minister a report on the operation of the University during the year ending on the preceding 31 December.
(2) The report must include a copy of the audited accounts and financial statements of the University.
(3) The Minister must, within 12 sitting days of receiving a report under this section, cause a copy of the report to be tabled in both Houses of Parliament.
(4) The Council may release or publish a report under this section at any time after the report has been submitted to the Minister under subsection (1)
.