(1) The Board may, in writing, delegate to a Board member or the CEO any of its powers or functions under this Act, other than Subdivision A of Division 2 of Part 3 (general funding strategy).
(2) In exercising any powers or performing any functions under the delegation, the delegate must comply with any directions of the Board.
(3) A delegation under this section:
(a) may be revoked by the Board (whether or not constituted by the Board members who constituted the Board when the power was delegated); and
(b) continues in force even if the membership of the Board changes.