National Asset Management Agency Act 2009
Directions in relation to conduct of participating institutions.
206.— (1) The F23 [ Central Bank ], 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.