(1) Where in the opinion of the Minister a governing council has failed to comply with a notice under section 55 the Minister may, by order published in the Gazette¾

(a) remove the members of the governing council from office and appoint another governing council or appoint an administrator to perform the functions of the governing council; or

(b) amalgamate the college with another college or close the college.

(2) An order under subsection (1) may make provision in relation to any other matters necessary for or incidental to ¾

(a) giving effect to the order; and

(b) protecting the rights, interests and welfare of persons affected by the order.

(3) An order under subsection (1) may be expressed to take effect on the day of publication, on a day specified in the order being a day not later than the day of publication or on the happening of an event specified in the order and to continue in effect until a day, or the happening of an event, so specified.