In order to retain its accreditation, an accredited support organisation must—
(a) | at least twice a year, submit performance reports to each co-operative bank it represents; and |
(b) | annually within three months of the end of its financial year— |
(i) | satisfy the Agency that it continues to comply with the requirements for accreditation listed in section 37; and |
(ii) | submit a report to the Agency, in the form and with the content required by the Agency, on its performance during the relevant financial year. |