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.