(1) The Funding Body CEO is to be appointed by the Minister.
(2) Before making an appointment under subsection (1), the Minister must consult with the Administrator (if appointed).
(3) The appointment is to be made by written instrument.
(4) The Funding Body CEO holds office on a full - time basis.
(5) The Funding Body CEO holds office for the period specified in the instrument of appointment. The period must not exceed 5 years.
Note: For reappointment, see the Acts Interpretation Act 1901 .
(6) The Funding Body CEO must not be the Administrator.