48. (1) The Agency shall, not later than 30 June in each year, prepare and submit to the Minister a report on the performance by it and by any subsidiary DAC of its functions in the immediately preceding year, or in the case of the period from the date on which this Act comes into operation, in the period ending on the next following 30 June.

(2) The Minister shall, as soon as may be after receiving a report under subsection (1), cause a copy of it to be laid before each House of the Oireachtas.

(3) The Agency shall furnish to the Minister such information regarding the performance, or proposals for the performance, of its functions, by it or by any subsidiary DAC, as the Minister may from time to time require.