Board committees
7K Board committees
The Board may, with the unanimous agreement of all the members of the Board (not including the CEO), establish a committee or committees to assist in carrying out the functions of the Board.
The Board may dissolve a committee at any time.
Functions
The functions of a committee are as determined by the unanimous agreement of all the members of the Board (not including the CEO).
However, the Board cannot determine that a committee has the function of making a determination under subsection 7C(2) or (3).
In performing its functions, a committee must comply with any directions given to the committee by the Board.
Voting
A question arising at a meeting of a committee is to be determined by a majority of the votes of committee members present.
However, the CEO is not entitled to vote on any question arising at a meeting of a committee of which he or she is a member.
Informing other Board members of decisions
A committee must inform the other members of the Board of its decisions.
Conduct of committee meetings
A committee may regulate proceedings at its meetings as it considers appropriate.
A committee must ensure that minutes of its meetings are kept.
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