The Annual Report to be submitted by a regulatory agency in terms of the Act must be divided into the following Parts:
(a) |
Statement of Progress, being a statement setting out the progress during the preceding year towards realization of the purposes of the Act, to the extent applicable to the particular regulatory agency. |
(b) |
The Proceedings of the Regulatory Agency, being a summary report of the regulatory agency's work in relation to its functions. |
(c) |
The External Relations of the Regulatory Agency, being a summary report on the following matters: |
(i) |
The regulatory agency's public awareness programs. |
(ii) |
Relationships between the regulatory agency and other regulatory authorities. |
(iii) |
Relationships between the regulatory agency and foreign agencies. |
(iv) |
Research activities undertaken by the regulatory agency and any proposals for Law reform published by the regulatory agency. |
(d) |
The Administrative Activities of the Regulatory Agency, being a summary report concerning the regulatory agency's management, staff, infrastructure, and related matters. |
(e) |
The Regulatory Agency's Finances, including any information required in terms of the Public Finance Management Act. |