(1) An accounting officer who is responsible for the collection of revenue shall submit to the Accountant General—
(a) a monthly report on return of arrears of revenue recovered no later than the 5th day of each month in the financial year;
(b) a half-yearly report on the return of arrears of revenue recovered no later than the 10th day of October of each financial year.
(2) A report on the recovery of arrears of revenue under subregulation (1), must be submitted in the form approved by the Accountant General.
(3) An annual return under subregulation (1) must be prepared and submitted to the Accountant General for each financial year ending on the 31st day of March.
(4) An annual return, a half-yearly return, and a monthly report must be submitted by an accounting officer whether or not arrears have accrued, or recovery made.