Meetings of Board
17 Meetings of Board
The Chairperson shall call such meetings of the Board as are necessary for the exercise of its powers and the performance of its functions but so that the number of meetings held in a financial year is not less than 2.
The Chairperson shall call a meeting of the Board if requested to do so by not less than 50% of the Board members for the time being holding office.
At a meeting of the Board:
50% of the Board members for the time being holding office constitute a quorum;
questions arising shall be determined by a majority of the votes of the Board members present and voting and, in the event of an equality of votes, the matter shall be deferred for consideration at the next meeting of the Board to be held on a subsequent day and, in the event of an equality of votes at that next meeting, the matter shall be taken to have been defeated; and
subject to this Act and the Rules made under section 42, the
Board shall determine the procedure to be followed at or in connection with the meeting.
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