24.3
(1) The corporation is to be managed by a board of directors.
(2) The board is to consist of no more than 7 directors appointed by the Lieutenant Governor in Council.
(3) The chair of the board is a director who
(a) is designated in writing as chair by the minister, or
(b) is appointed by the board under the bylaws of the corporation if a chair is not designated under paragraph (a).
(4) The board must elect a vice chair from among the directors.