Sch 8 para 21
(1) As soon as practicable after the end of each financial year, Monitor must prepare an annual report on how it has exercised its functions during the year. (2) The report must, in particular— (a) set out the measures that Monitor has taken to promote economy, efficiency and effectiveness in the use of resources for the exercise of its functions, (b) include a statement of what it did to comply with the duty under section 63(2) (duty to have regard to Secretary of State's guidance on duty under section 62(9)), and (c) include a statement of what it did to comply with the duty under section 66(2)(h) (duty to have regard to Secretary of State's guidance on relevant parts of document on improving quality of services). (3) Monitor must— (a) lay a copy of the report before Parliament, and (b) once it has done so, send a copy of it to the Secretary of State. (4) Monitor must provide the Secretary of State with— (a) such other reports and information relating to the exercise of Monitor's functions as the Secretary of State may require; (b) such information about NHS foundation trusts that Monitor has in its possession as the Secretary of State may require.