(1) The Minister must, as soon as practicable after the holding of each annual general meeting of the industry services body, cause to be tabled in each House of the Parliament a report in relation to the year ending on 30 June before the holding of that meeting.
(2) The report must include the following in relation to that year:
(a) a statement as to the amount of dairy service levy received by the Commonwealth;
(b) a statement as to whether the Minister is satisfied, on the basis of information provided by the industry services body, that the spending of dairy service payments and matching payments complies with the funding contract;
(c) if the Minister is not so satisfied--details of why the Minister is satisfied that the spending does not so comply.