(1) The Independent Supervisor must, at least once in each calendar year, prepare a report on the discharge of its functions.
(2) The Independent Supervisor must give a copy of each report prepared under subsection (1) to -
(a) the Secretary of State;
(b) the First Minister in Scotland;
(c) the First Minister and the deputy First Minister in Northern Ireland;
(d) The First Minister for Wales.
(3) The Secretary of State must lay before each House of Parliament a copy of each report received by him under subsection (2)(a).
(3A) The First Minister for Wales must lay before the National Assembly for Wales a copy of each report received by him under subsection (2)(d).
(4) In relation to a calendar year during which an appointment of a body as the Independent Supervisor is made or revoked by an order under section 1228, this section applies with such modifications as may be specified in the order.