Section 2 — Quorum — Treasury Corporation Act 1983 (New South Wales) — Barrister AI

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Section 2 — Quorum — Treasury Corporation Act 1983 (New South Wales) — Barrister AI

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NSWAct

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s 1Name of Act s 2Commencement s 3Definitions s 4New South Wales Treasury Corporation s 4AEstablishment of Board s 4AAFunctions of Board s 4BAppointment of Chief Executive s 4CCommittees of the Board s 5Objects of the Corporation s 6Powers etc of the Corporation s 6AExamples of activities in which the Corporation can engage s 6BLimitations on powers s 7Obligations of public authorities s 8Powers of public authorities s 9Provision of borrowings from Corporation s 9AProvision of borrowings to councils s 9BSpecial powers of the Corporation s 10Delegation s 11Protection of persons having dealings with the Corporation s 11ACorporation not liable for duty s 12Special provision as to finance obtained by the Government for which Corporation is liable s 12ASeal of Corporation s 13Regulations s 13APrudential standards or reporting and auditing requirements s 14Saving

Schedule 2 — (Repealed)

s 1General procedure s 2Quorum s 3Presiding member s 4Voting s 5Transaction of business outside meetings or by telephone etc s 6Minutes

Section Whole Act

Back43 / 51Forward

2

Quorum

Current

Schedule 4—Provisions relating to the procedure of the Board

2 Quorum

The quorum for a meeting of the Board is a majority of the members of the Board, of whom, subject to clause 8 of Schedule 3:

(a)

one must be the Chairperson or the Deputy Chairperson, and

(b)

one must be the Chief Executive.

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