(1) The Technical and Vocational Education and Training Council shall, not later than 6 months after the end of the school year, submit to the Minister a report containing—
(a) an account of the activities of the Technical and Vocational Education and Training Council throughout the preceding financial year in such detail as the Minister directs; and
(b) a statement of the accounts of the Technical and Vocational Education and Training Council for that financial year audited in accordance with regulations enacted for that purpose.
(2) A copy of the report of the Technical and Vocational Education and Training Council referred to in subsection (1) shall be printed and laid before Parliament.