(1) The Corporation shall not later than 4 months after the expiration of each financial year, submit to the Minister a report containing—
(a) an account of its transactions throughout the preceding financial year in such detail as the Minister directs; and
(b) a statement of the accounts of the Corporation audited under section 36.
(2) A copy of the report together with a copy of the auditor's report shall be laid before Parliament within 3 months of its receipt by the Minister.