[(1) A direction under section 192C may require the parent undertaking—
(a) to take specified action, or
(b) to refrain from taking specified action.
(2) A requirement may be imposed by reference to the parent undertaking's relationship with—
(a) its group, or
(b) other members of its group.
(3) A requirement may refer to the past conduct of the parent undertaking (for example, by requiring the parent undertaking to review or take remedial action in respect of past conduct).
(4) A requirement imposed by the direction may be expressed to expire at the end of a specified period,
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