4Constitution of the Trust

4 Constitution of the Trust

4 Constitution of the Trust

(1) There is constituted by this Act a corporation under the corporate name of the Antiochian Orthodox Church Property Trust.

(2) The Trust is to consist of a Board of Trustees comprising the following members—

(a) the Archbishop,

(b) the Bishops,

(c) a President, a Vice-President, a Secretary and a Treasurer appointed by the Archbishop or, if no such persons have been appointed, 4 lay persons nominated by the Archbishop.

(3) If there is more than one Secretary appointed by the Archbishop, the Secretary who was appointed first is to be a member of the Board.

(4) The procedures of the Trust are the same as the procedures specified in the constitution for the Board or those procedures as amended by the by-laws, except as provided by this Act.

(5) The quorum for a meeting of the Board is 3 members (one of whom must be a Bishop).

(6) Every meeting of the Trust at which a quorum is present is competent to transact any business of the Trust.

(7) No capacity or power of the Trust is to be affected by the existence of vacancies in its membership except as provided by this section.

(8) If for any reason a quorum of the Trust cannot be constituted all powers exercisable by the Trust and its capacity for doing any act or thing are to be suspended, but are, by virtue of this Act, to be revived as soon as a quorum of the Trust is capable of being constituted.

(9) Despite the suspension under subsection (8) of the powers and capacity of the Trust, a Bishop may exercise and perform any function delegated to the Bishop by the Trust under section 17 as if such power and capacity were not suspended.