ACTEA accredited institutions must submit an ANNUAL REPORT to ACTEA, updating information on the institution and its programmes, as part of the normal procedures for maintaining accredited status (ACTEA Procedure 3a).  Failure to submit the REPORT within two months of receiving this notice may result, according to Procedure 3a, in a 50% surcharge on the annual fee.  The REPORT allows the institution to keep ACTEA informed on the development of the institution and its ongoing compliance with ACTEA standards.