57.— A proposed special management order—

(a) shall set out the right of the authorised credit institution concerned to make submissions in relation to the proposed application,

(b) shall specify the period in which the authorised credit institution may make such submissions,

(c) if it is proposed that any power of the special manager is to be exercisable immediately, shall specify the reasons why the special management order should have that effect,

(d) if the special management order is to be sought to appoint a special manager to a subsidiary or holding company of that credit institution, shall set out the name of the subsidiary or holding company, and

(e) shall set out such other provisions as the Bank may consider appropriate.