(1)  The Authority has a Board of Directors consisting of the following persons:

(a) a chairperson;

(b) at least 3 and not more than 5 persons who have skills and experience relevant to the functions of the Authority;

(c) the chief executive officer.

(2)  The persons referred to in paragraphs (a) and (b) are appointed by the Minister.

(3)  Schedule 1 has effect with respect to directors.

(4)  Schedule 2 has effect with respect to the meetings of the Board.