Regulation 54 Annual report

The deposit management organisation must submit an annual report to the Welsh Ministers and NRW for each scheme year.

The annual report must set out how, and the extent to which, the deposit management organisation has, in the relevant scheme year, acted in accordance with its operational plan.

The annual report must be submitted to the Welsh Ministers and NRW as soon as reasonably practicable, and in any event within a period of 6 weeks beginning with the day after the final day of the scheme year to which it relates.