(1) The Panel shall, as soon as may be, but not later than 4 months, after the end of each financial year, make a report in writing to the Minister of its activities during that year and the Minister shall cause copies of the report to be laid before each House of the Oireachtas not later than 6 months after the end of that year.

(2) The Minister may, after consultation with the Panel, prescribe the form of a report under this section and the manner in which any matter is to be addressed in such a report:

Provided that the Minister shall not exercise his or her power under this section in such a manner as to require the disclosure of information which could materially injure or unfairly prejudice the legitimate interests of any person.