5Custody of common seal and quorum of trustees

5 Custody of common seal and quorum of trustees

[Section 5 Amended by No. 36 of 1958, s. 5 ]

(1)  The trustees for the time being shall have the custody of the common seal of the body corporate, and the form of such seal and all other matters relating thereto shall be determined at a meeting of the trustees.

(2)  The trustees, or any three of them acting in pursuance of a resolution of the trustees, may exercise any power conferred by this Act on the trustees or the body corporate.

(3)  At a meeting of the trustees three shall form a quorum.