OBS_VALUE: The Minister may give directions to the Reserve Bank with regard to its supervisory function. However the direction must be presented to the House of Representatives as soon as possible, and it cannot require the performance or non-performance of a particular act by the Reserve Bank. Note also that the Reserve Bank is required to have the prior consent of the Minister in order to give directions to a registered bank or an associated person of the bank in a series of cases prescribed under section 113 of the Reserve Bank of New Zealand Act 1989.