11(1)The Board shall make a report annually to the Minister upon the affairs of the Corporation and the Minister shall lay the report before the Legislative Assembly if it is then in session, or if not, at the next ensuing session.

11(2)The Minister may at such times and as often as he considers necessary, require the Board to furnish to him, in addition to the report made under subsection (1), reports or information respecting all or any part of the business and operation of the Corporation, and the Board shall comply with such requirement.