Operator of a give-way vessel avoid colliding with a stand-on vessel?

As a Giveway vessel, you are required to stay clear of the stand-on vessel. These actions include,

(1) Make an early and bold alteration of course

(2) Slow the vessel down

(3) Stop the vessel

(4) Come astern

(5) Make an early and bold alteration of course and slow the vessel down

Best to 90 degree alteration away from the stand-on vessel and then take a slow turn, and once the stand-on vessel passes go around his stern and back onto your original course.