(1) The Minister may,
on the basis of a report under section 274, require that specified action
be taken in respect of a subsidiary.
(2) The Minister must,
before imposing a requirement under subsection (1), give the relevant
council or councils a reasonable opportunity to make submissions to the
Minister.
(3) The Minister
acting under subsection (1) may, for example—
(a)
require the adoption of specified management practices;
(b)
require that the subsidiary cease a specified activity;
(c)
require that steps be taken to amend the charter of the subsidiary;
(d)
require that steps be taken to wind up the subsidiary.