333.—(1) The External Oversight Body shall, not later than 3 months after the end of each year, prepare and submit to the Minister a report on its activities during the preceding year.

(2) If, under subsection (1), the first annual report would relate to a period of less than 6 months, that report shall, notwithstanding that subsection, instead relate to the performance of the functions of the External Oversight Body during that period and the year immediately following that period and the External Oversight Body shall prepare, and submit to the Minister, that first annual report as soon as may be, but not later than 3 months, after the end of that year.

(3) A report referred to in subsection (1) shall include a statement of the arrangements of the External Oversight Body for operating according to standards of good governance.

(4) The Minister shall cause a copy of a report referred to in subsection (1) to be laid before each House of the Oireachtas as soon as practicable after he or she receives the report.

(5) The External Oversight Body shall ensure that, as soon as practicable after a copy of a report under this section is laid before each House of the Oireachtas, the report is published on a website maintained by or on behalf of the External Oversight Body or in such other manner as the External Oversight Body considers appropriate.]