(1) As soon as practicable after the end of each of its financial years, the Bank shall make to the Chancellor of the Exchequer a report on its activities in that year.
(2) A report under this section shall, in particular, contain-
(a) a report by the court of directors on the matters which it reviews, monitors or otherwise considers in the performance of its oversight functions (as defined by section 3A(2)),
(aa) a report by the court of directors on the activities of the Financial Policy Committee of the Bank, and
(b) a copy of the statements for the year prepared under section 7(2) and (2A) and the report of the Bank's auditors on them.
(3) [deleted]
(4) A report under this section shall also contain-
(a) a statement of the rate or rates at which non-executive directors of the Bank have been remunerated in the financial year to which the report relates, and
(b) a statement of the Bank's objectives and strategy, as determined by the court of directors of the Bank, for the financial y
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