National Asset Management Agency Act 2009
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PART 12 Conduct of Participating Institutions | ||
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Directions in relation to conduct of participating institutions. |
206.— (1) The Regulatory Authority, may, with the approval of the Minister, give a direction to a participating institution in order to achieve the purposes of this Act, as specified in section 2 . | |
(2) A direction under subsection (1) may— | ||
(a) restrict balance sheet growth, | ||
(b) restrict the institution’s ability to take over other credit institutions, | ||
(c) require balance sheet reduction, or | ||
(d) restrict or require consolidation and merger of participating institutions. |