(1) The person who held the office of Chief Forensic Psychiatrist under the old Act is the Chief Forensic Psychiatrist under the new Act, on the same terms and conditions specified in his or her instrument of appointment under the old Act.(2) However, unless sooner terminated, the person's appointment as Chief Forensic Psychiatrist under the new Act is terminated when whichever of the following occurs first:(a) the fifth anniversary of the person's appointment as Chief Forensic Psychiatrist under the old Act;(b) the person resigns, retires or otherwise relinquishes the appointment;(c) a loss of professional standing or other event that would render the person ineligible to be appointed as the Chief Forensic Psychiatrist under the new Act.(3) Nothing in subsection (2) is to be taken as disqualifying the person from seeking or accepting subsequent appointment as a Chief Psychiatrist under the new Act if, at the relevant time, he or she is eligible to be so appointed.