Procedures at meetings
27 Procedures at meetings
The presiding officer or, in their absence, the deputy presiding officer will preside at a meeting of a statutory trust and, in the absence of both, a member chosen by the members present at the meeting will preside at that meeting.
A quorum of a statutory trust consists of a number ascertained by dividing the total number of members in half, ignoring any fraction resulting from the division, and adding 1 (and no business may be transacted at a meeting of the board unless a quorum is present).
A decision carried by a majority of the votes of the members present at a meeting of a statutory trust will be a decision of the trust.
Each member present at a meeting is entitled to 1 vote on any matter arising for decision at that meeting and, if the votes are equal, the member presiding at the meeting is entitled to a second or casting vote.
A conference by telephone or other electronic means between members of a statutory trust will, for the purposes of this section, be taken to be a meeting of the statutory trust at which the participating members are present if—
notice of the meeting is given to all members of the a statutory trust in the manner determined by the a statutory trust for the purpose; and
each participating member is capable of communicating with every other participating member during the conference.
A resolution of a statutory trust—
of which prior notice was given to members in accordance with procedures determined by the statutory trust; and
in which at least the majority of members of the statutory trust expressed their concurrence in writing or by electronic communication, will be taken to be a decision of the statutory trust made at a meeting of the statutory trust.
A statutory trust must cause accurate minutes to be kept of its proceedings at meetings.
Subject to this Act, a statutory trust may regulate its own procedures.
This Act’s bill:Second reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.