(1) The Board shall submit to the Minister—
(a) within 3 months after the end of each academic year, or within such further time as the Minister may allow, a report on the activities of the College during that academic year;
(b) on or before 1 July in each year, a statement of its accounts audited in accordance with the provisions of section 14, for the financial year ending in such year;
(c) on or before 31 December in each year, its estimates of revenue and expenditure for the College in respect of the next financial year for the approval of the Minister.
(2) Copies of the reports and statements together with the auditor's reports thereon mentioned in subsection (1)(a) and (1)(b) shall be laid on the tables of the Senate and House of Assembly.