(1) Within 3 months of the date of receipt of a recommendation and report submitted to him or her under section 10C(2) and having considered the report and recommendation and having had regard to section 10C(3), the Minister shall -

(a) by order declare a national minimum hourly rate of pay -

(i) in the terms recommended by the Commission, or

(ii) in other terms,

or

(b) decline to make such an order.

(1A) Where the Minister -

(a) having received a recommendation and report submitted to him or her under section 10C(2), having considered the report and recommendation and, having had regard to section 10C(3), has declined to make an order in accordance with subsection (1)(b), and

(b) has, in accordance with subsection (2)(b), prepared and laid before both Houses of the Oireachtas a statement of his or her reasons for declining to make such order,