(1) The Authority is
to have a governing body consisting of —
(a) one
member appointed as the chairman of the governing body; and
(b) such
other members, if any, as the Governor considers necessary for the proper
performance of the Authority’s functions.
(2) The governing
body, in the name of the Authority, is to determine the policies of, control
the affairs of, and otherwise perform the functions of, the Authority.