The Lord Chancellor may direct the Board to take such action as the Lord Chancellor considers appropriate in connection with any matter raised in a report made by the CMA under section 57.
Before giving a direction under subsection (1), the Lord Chancellor must consider any report from the CMA under section 60 on that matter.
When exercising the power to give a direction under subsection (1), the Lord Chancellor must ensure—
that the action stated is action which the Board has power to take, and
so far as reasonably possible, that the action stated in any direction is compatible with the functions conferred, and obligations imposed, on the Board by or under this Act.
The Lord Chancellor must publish a direction given under this section.