(1) The Transition Agency must have a governing body consisting of a chairperson and no fewer than 2 but no more than 4 other members appointed by the Minister.
(2) The governing body is responsible and accountable for the exercise of the powers and the performance of the functions and duties of the Transition Agency.
(3) The Minister must notify appointments to the governing body in the Gazette as soon as practicable after making them.
(4) The Schedule applies to the members and procedure of the governing body.