Section 112Part 2 — The Financial Reporting Authority
Report on exercise of powers
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As soon as possible after the end of each financial year, the appointed person shall prepare a report for that year.
For the purposes of this section, “ financial year ” means —
the period beginning on 30th September, 2008, the commencement date of the Proceeds of Crime Law, 2008 [Law 10 of 2008] , the day on which this section comes into force and ending with the next 30th June (which is the first financial year); and
each subsequent period of twelve months beginning with 1st July.
In the report the appointed person shall give that person’s opinion as to the circumstances and manner in which the powers conf erred by section 110 are being exercised in cases where the officer or constable who exercised them is required to give a report under sect ion 111 ( 3 ); and that person may make any recommendations that person considers appropriate.
The appointed person shall send a copy of that person’s report to the Cabinet and it shall thereafter be published in such manner as the Cabinet determines.
The Cabinet shall cause to be laid a copy of any report it receives under this section before the Cayman Islands Parliament .
In this section, the appointed person means a person appointed by the Cabinet.
The appointed person shall not be a public officer employed under or for the purposes of a government department.