(1) The Treasury shall prepare reports about any arrangements entered into which involve or may require reliance on section 228(1).
(2) A report must be prepared in respect of -
(a) the period beginning with 1st April 2009 and ending with 30th September 2009, and
(b) each successive period of 6 months;
but no report is required for a period in respect of which there is nothing to record.
(3) The Treasury shall lay each report before the House of Commons as soon as is reasonably practicable.
(4) A report must not -
(a) specify individual arrangements, or
(b) identify, or enable the identification of, individual beneficiaries.
(5) The Treasury must aim to give as much information as possible in a report, subject to subsection (4) and other considerations of public interest.