Jowr Cap.22:22 7 No. 6l28Ls Vsr'{T uREs Reports of Unit (l) The (a) Unit- shall, within forty five days afterthe 31st December in each year, submil to the Minister an annual report upon matters the Unit has dealt with during the previous year: (b) (c) may at any time submit to the Minister a special report on any matter upon which the Unit considers it desirable to report; and shall submit to the Minister any otherreport as the Minister may require. (2) The Ministershall lay before Parliament the annual report submitted to him or her in terms of subsection (iXa). PART FnocsDURES PnelnrcruARy III ro CohrcLUSIoN otr Jorsr \reurunn AcnnUMENTS Besponsibilities of contracting authority and approval of proiects by Cabinet (i) Subject tc this Act, whenever a contracting authority wishes to enter into a joint venture agreem.ent in relation to the exercise of any of its functions or responsibilities, it shall (a) - identify, appraise, develop and monitor this (b) Act; a project tobe implementedunder and invite expressions of interest in a project where appropriate by means of a public advertisement in the print, electronic or broadcast media or in any other transparent manner: Provided that it may dispense with this requirement where it has already identified a proposed project with an identified counterparty and has disclosed that fact to the Unit; and (c) undertake or cause to be undertaken a feasibility study where it considers that a project may be implemented under an agreement; and (d) submit the feasibility study to the Unit for its approval: and (e) where the Unit approves the feasibility study. prepare a request for the project proposal and a model agreement on the basis of the approved feasibility study. (2) Tlre Unit shall refer the project proposal to the Committee which shall make recommendations thereon to the Cabinet for the Cabinet's determination. (3) Upon receipt of the project proposal together with the recommendations of the Committee thereon, the Cabinet may- (a) approve the project proposal, (b) (c) or reject the project proposal and give its reasons for rejection, or provisionally allprove tlie project proposal on firlf;lment of certaiil conditions specilied by the Cahinet; or (d) where it approves or provisionally uppro\res the project proposal (i) but- no countelpa$)/ or satisfactory c.ounte{palt}/ fuas been i,Centi{ied, direct the contriicting authorjty to receive tenders for the projec{ 139