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Yes, it is a statutory requirement. Governing bodies must produce a full annual report, although it is not necessary to distribute the full report. Governing bodies may if they wish, distribute a summary report containing the required information, together with details of how the full report can be requested if required.
Governors Wales
First Floor, Empire House, Mount Stuart Square
Cardiff Bay, Cardiff. CF10 5FN
Telephone: 02920 48 78 58 or Fax: 02920 48 78 43