(1) If section 42(a)
applies, the CEO must be appointed and hold office under the
Public Sector Management Act 1994 Part 3.
(2) If section 42(b)
or 43 applies —
(a) the
CEO must be appointed by the Trust; and
(b)
Subdivision 2 has effect with respect to the tenure, salary and conditions of
service of the CEO and the other matters provided for in that Subdivision.