—(1) Whenever it appears to the Minister on the report of the Board that —
any endowment has been mismanaged;
there are no trustees appointed for the management of any endowment; or
it would be otherwise to the advantage of any endowment that it should be administered by the Board,
the Minister may order that the endowment shall be administered by the Board.
(2) The persons who manage the endowment shall be given an opportunity to make representations to the Minister within such period as the Minister may specify before an order is made under this section.