(1) The Court may make any order it thinks fit, including—
(a) an order for the compulsory liquidation of a licensee;
(b) an order refusing compulsory liquidation and terminating the appointment of the receiver; and
(c) an order for the reorganisation of a licensee.
(2) Where the Court orders the compulsory liquidation or the reorganisation of a licensee, it shall upon delivering its decision simultaneously order the appointment of the receiver to be terminated and appoint a liquidator who will be responsible to the Court to direct the compulsory liquidation or, the reorganisation of the international bank.
(3) As soon as possible after the liquidator's appointment under subsection (2) the liquidator will make an inventory of the assets of the licensee and transmit a copy thereof to the Registrar of the High Court.