20. Annual Reports

Official English translation. The Sinhala text prevails.

(1)

The Agency shall within six months of the end of each financial year submit to the President an annual report on the activities carried out by the Agency. The following documents shall be attached to such report:-

(a)

the audited accounts of the Agency for the year along with the Auditor-General’s report;

(b)

a report of proposed activities for the year immediately following the year to which such report and accounts relate; and

(c)

a report on the effectiveness of investment, policies and strategies on innovation and entrepreneurship.

(2)

The President shall within three months from the date of receipt of the annual report, table such report along with the documents specified in subsection (1) in Parliament for its consideration.

Read on from s 21