8.—(1) If—

(a) the Minister is satisfied that the functions of the governing body of a college are not being duly and effectively discharged, or

(b) a governing body wilfully neglects to comply with any order, direction or regulation of the Minister made or given in pursuance of the provisions of this Act, or

(c) a governing body fails to comply with any judgment or order of any court of competent jurisdiction,

the Minister may, after consultation with F30[An tÚdarás,]by order dissolve the governing body.

(2) Whenever the Minister makes an order dissolving a governing body the Minister may appoint any body of persons as the Minister thinks fit to perform the functions of the governing body.

(3) The remuneration, if any, of every person appointed under subsection (2) shall be paid out of moneys provided by the Oireachtas under section 15 of this Act.

(4) The Minister shall by order provide for the re-establishment of a governing body dissolved under subsection (1) and for the appointment of members thereto in accordance with section 6 of this Act not later than one year following the dissolution and when the new governing body has been appointed the functions of the dissolved governing body shall be revested in the new governing body and shall cease to be functions of the body of persons appointed under subsection (2).