39. Minister may give directions
(1) The Minister may give directions in writing to the IMO with respect to the performance of its functions, either generally or in relation to a particular matter, and, subject to regulation 40, the IMO is to give effect to any such direction.
(2) A direction under subregulation (1) is not to be inconsistent with the objectives set out in section 122(2) of the Act.
(3) The Minister must cause the text of any direction under subregulation (1) to be laid before each House of Parliament or dealt with under regulation 51 ¾
(a) within 14 days after the direction is given; or
(b) if the direction is the subject of a notice under section 17 of the Statutory Corporations (Liability of Directors) Act 1996, within 14 days after it is confirmed under that section.