(1) A report required to be provided to the Bank under this Part shall be prepared by a person (in this Part referred to as the "reviewer") -
(a) nominated by the reviewee, within such period as is specified in the notice given under section 9, and approved by the Bank, or
(b) nominated by the Bank, where no person is nominated by the reviewee within the period specified in the notice under section 9 or the Bank is not satisfied with the person so nominated.
(2) The reviewer shall be a person appearing to the Bank to have the skills relating to the business of the reviewee necessary to prepare an objective report on the matters concerned and, without prejudice to the generality of the foregoing, may be an auditor, actuary, accountant, lawyer or any other person with relevant business, technical or technological skills employed or otherwise engaged by the reviewee.
(3) When considering whether to approve a nomination under subsection (1)(a) or make a nomination under subsection (1)(b),
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