(1) A clearing agency shall, upon completion by it of default proceedings, make a report on such proceedings stating in respect of each defaulter—
(a) the net sum, if any, certified by the clearing agency to be payable by or to the defaulter; or
(b) that no sum is payable.
(2) A clearing agency which has made a report under subsection (1) shall supply the report to—
(a) the Commission;
(b) any relevant office-holder in relation to—
(i) the defaulter to whom the report relates, or
(ii) that defaulter's estate;
(c) if there is no relevant office-holder referred to in subsection (b) the defaulter to whom the report relates.
(3) Where the Commission receives under subsection (2) a report made under subsection (1), it may publish notice of that fact in such manner as it thinks appropriate to bring it to the attention of creditors of the defaulter to whom the report relates.
(4) Where a relevant office-holder or defaulter receives pursuant to subsection (2) a report made under subsection (1), the officeholder or defaulter shall, at the request of a creditor of the defaulter to whom the report relates—
(a) make the report available for inspection by the creditor;
(b) on payment of such reasonable fee as the relevant office-holder or defaulter, as the case may be, determines, supply to the creditor all or any part of that report.
(5) In subsections (2), (3) and (4), “report” includes a copy of a report.