(1) The Court may, in accordance with this Chapter, make an order in relation to an institution appointing a temporary administrator to the institution.
(2) The person named in the temporary administration order as the temporary administrator of an institution, shall be a person who has, in the competent authority's opinion, the requisite qualifications, ability and knowledge required to carry out his or her functions and is free of any conflicts of interest.
(3) A temporary administration order shall specify the following:
(a) the name of the temporary administrator;
(b) the name of the institution concerned;
(c) the period not exceeding 12 months during which the institution concerned is to be under a temporary administration order;
(d) any requirements for the management body of the institution to consult or to obtain the consent of the temporary administrator before taking specific decisions or actions.
(4) A temporary administration order shall fix the basis of the calculation of
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