Schedule 2 – The Panel Section 145 – Annual reportsSection 146 – First annual reportSection 147 – Subsequent annual reportsSection 148 – Consultation on draft reports
168.These sections require the IRP to publish an annual report about the exercise of its functions for each forthcoming financial year.
169.Section 146 stipulates: that the first financial year for which the IRP must publish an annual report is the year beginning 1 April 2012; that the report must be published by 31 December 2011; and the requirements of the report. The provisions also allow for the IRP to produce supplementary reports to the first annual report. The requirements of subsequent annual reports (and supplementary reports) are similar to those for the first annual report (and any supplementary reports to the first report). (Section 147.)
170.The IRP must allow a minimum period of eight weeks for consultation on a draft report and place a copy of the draft report on its web-site at the same time as it is circulated to the Welsh Ministers, etc.