Within how many months must the Authority submit its annual report after the financial year ends?

According to the PERA Force Laws, the Authority is required to submit its annual report within three months after the close of the financial year. This timeline ensures that financial performance, operational achievements, and compliance with statutory requirements are reported promptly to the Government and other oversight bodies. The annual report includes audited accounts, budget performance, and key activities of the Authority, providing transparency and accountability. Options such as two months, six months, or nine months do not comply with the statutory requirement. By mandating submission within three months, the law ensures timely review, facilitates informed decision-making, and maintains public trust in the Authority’s governance and financial management.