(1)  Subject to this section, Treasurer's instructions apply to and in respect of the Board as if it were an Agency within the meaning of the Financial Management Act 2016 .

(2)  The Treasurer, by notice to the Board, may modify the Treasurer's instructions in their application to the Board.

(3)  If the Treasurer gives the Board a notice under subsection (2) modifying the Treasurer's instructions in their application to the Board, the Treasurer's instructions that apply to and in respect of the Board are to be taken to be, for the purposes of this Act and the Financial Management Act 2016 , modified in accordance with the notice.

(4)  In this section –

Treasurer's instructions means Treasurer's instructions under the Financial Management Act 2016 .