(1) Schedule 3 has effect in relation to the CEO, former CEOs, members of staff and former members of staff.

(2) For the purposes of Schedule 3, the board of a port authority may designate a member of staff as an executive officer by resolution ¾

(a) passed by the board; and

(b) notified in writing to the member of staff,

and may in the same manner revoke such a designation.