Superannuation Administration Act 1996
14Transaction of business otherwise than at ordinary meetings
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14 Transaction of business otherwise than at ordinary meetings
14 Transaction of business otherwise than at ordinary meetings
(1) The Board may, if it thinks fit, transact any of its business by the circulation of papers among all the members for the time being. A resolution approved in writing by a two-thirds majority of those members is taken to be a decision of the Board.
(2) The Board may, if it thinks fit, transact any of its business at a meeting at which members (or some members) participate by telephone, closed circuit television or other means, but only if any member who speaks on a matter before the meeting can be heard by the other members.
(3) For the purposes of—
(a) the approval of a resolution under subclause (1), or
(b) a meeting held in accordance with subclause (2),
the members have the same voting rights as they have at an ordinary meeting of the Board.
(4) Papers may be circulated among members for the purposes of subclause (1) by fax or other transmission of the information in the papers concerned.