32.— (1) The company shall, in the period ending 3 years after the vesting day and subsequently, whenever so required by the Minister, submit to him a report in writing specifying the general technical and safety standards in relation to aircraft and air navigation that it applies and enforces in the performance of its functions.

(2) Whenever, after the submission of a report to the Minister under subsection (1), the Minister so requests the company shall submit to the Minister a report in writing specifying the extent (if any) to which the standards achieved and enforced by the company, since the date of the submission of the first-mentioned report to the Minister, differ from the technical and safety standards standing specified in that report.

(3) F21[(a) (i) Subject to paragraph (aa), the Minister shall, at least once in the period of 3 years beginning on the relevant day and in each subsequent period of 3 years beginning on the expiration of the last previous period, appoint a person to carry out an examination of the performance by the company of its functions in so far as they relate to the application and enforcement of technical and safety standards in relation to aircraft and air navigation and to report in writing to the Minister the results of the examination.

(ii) In subparagraph (i), "relevant day" means the last day on which a report under this subsection was submitted to the Government and the company before the commencement of section 67 of the Air Navigation and Transport Act 2022.]

F22[(aa) The Minister may make regulations to specify any of the following:

(i) any aspect of the company’s performance of its functions which shall be the subject of an examination referred to in paragraph (a);

(ii) the scope of such examination;

(iii) the form and manner of the report under paragraph (a).]

F22[(ab) Regulations made under paragraph (aa) may contain such incidental, supplementary and consequential provisions as appear to the Minister to be necessary or expedient for the purposes of the regulations.]

(b) The Minister shall submit a copy of a report under paragraph (a) to the Government and the company.

F22[(bb) The Minister shall cause a copy of the report under paragraph (a) to be published on a website of the Government.]

(c) The costs of an examination and report under paragraph (a) shall be paid to the Minister by the company.

(d) A director or member of the staff of the company shall not be appointed under paragraph (a) and a person standing appointed under paragraph (a) shall be disqualified for appointment as a director or member of the staff of the company.