(1) The Pricing Authority must, as soon as practicable after the end of each financial year, prepare and give to the Minister, for presentation to the Parliament, a report on the performance of the Pricing Authority's functions mentioned in subsection 131A(1).
(2) The report must include:
(a) details of the advice provided by the Pricing Authority to each relevant Commonwealth Minister during the financial year in the performance of the Pricing Authority's functions mentioned in subsection 131A(1), including:
(i) when the advice was provided by the Pricing Authority to each relevant Commonwealth Minister; and
(ii) the content of the advice; and
(b) the following details relating to the Pricing Authority's Aged Care Act functions:
(i) the number of applications under section 52G - 4 of the Aged Care Act that were made to the Pricing Authority during the financial year for approval to charge an accommodation payment higher than the maximum amount;
(ii) the number of such applications that were approved, rejected or withdrawn during the financial year;
(iii) the number of applications under Division 35 of that Act that were made to the Pricing Authority during the financial year for approval to charge an extra service fee;
(iv) any other details required by regulations made for the purposes of this subparagraph.
Note: See also section 34C of the Acts Interpretation Act 1901 , which contains extra rules about annual reports.