Electricity Retained Interest Corporations Act 2015
19Board meetings
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19 Board meetings
19 Board meetings
(1) The procedure for the calling of meetings of a Board and for the conduct of business at those meetings is to be as determined by the Board. The Treasurer is to call the first meeting of a Board in such manner as the Treasurer thinks fit.
(2) The quorum for a meeting of a Board is 2 members.
(3) The Chairperson of a Board or (in the absence of the Chairperson) a person elected by the members of a Board who are present at a meeting of the Board is to preside at a meeting of the Board.
(4) A decision supported by a majority of the votes cast at a meeting of a Board at which a quorum is present is the decision of the Board.
(5) A Board must cause full and accurate minutes to be kept of the proceedings of each of its meetings.