Prior to issuing any notice of deficiencies under Sec. 243.5(b), determining to impose requirements or restrictions under Sec. 243.6(a), or issuing a divestiture order pursuant to Sec. 243.6(c) with respect to a covered company that is likely to have a significant impact on a functionally regulated subsidiary or a depository institution subsidiary of the covered company, the Board--
(a) Shall consult with each Council member that primarily supervises any such subsidiary; and
(b) May consult with any other Federal, state, or foreign supervisor as the Board considers appropriate.