(1) A statement of corporate intent may be modified by a board with the agreement of the Minister.

(2) The Minister may, by written notice, direct a board to modify the statement of corporate intent, and the board must comply with any such direction.

(3) Before giving a direction to a board under subsection (2), the Minister must consult with the board and take its views into account.

(4) The Minister must within 14 days after a direction is given cause a copy of it to be laid before each House of Parliament or dealt with in accordance with section 133.