SCHEDULES

SCHEDULE 7The Health Research Authority

PART 3Finance and reports

Annual report

I120

1

As soon as is feasible after the end of each financial year, the HRA must prepare an annual report on—

a

the activities it has undertaken during the year, and

b

the activities it proposes to undertake during the current financial year.

2

The report must set out the steps the HRA has taken during the year to fulfil its main objective (see section 110(2)).

3

The HRA must—

a

lay a copy of the report before Parliament, and

b

send a copy of it to the Secretary of State.

4

The HRA must provide the Secretary of State with such other reports and information relating to the exercise of its functions as the Secretary of State may request.