(1) The Board shall, within 3 months after the end of each financial year, transmit to the Minister a statement of the assets and liabilities of the Board, duly certified by the auditor of the Board, and signed by the Chairperson, the General Manager and one member of the Board together with the following information relating to the said financial year—
(a) the income and expenditure account;
(b) the sum appropriated to the reserve fund.
(2) The Minister shall cause every statement transmitted to him or her in accordance with the provisions of this section to be published in the Gazette and laid in the House of Assembly.