SCHEDULE 2 - Meetings of the T SCHEDULE 2 - Meetings of the Trust

Section 7 (2)

1.   Convening of meetings of the Trust

(1) The members may hold such meetings as they consider necessary for the administration of the Trust.

(2) [Schedule 2 Amended by No. 27 of 2014, s. 9, Applied:17 Dec 2014] No business shall be conducted at a meeting of the Trust unless 4 members are present.

(3) [Schedule 2 Amended by No. 27 of 2014, s. 9, Applied:17 Dec 2014] The Minister must be invited to attend, or send a representative to, every meeting of the Trust as an observer.

2.   Chairperson

(1) [Schedule 2 Amended by No. 27 of 2014, s. 9, Applied:17 Dec 2014] The members are to elect annually one of their number to be chairperson who is to preside at each meeting of the Trust.

(2) [Schedule 2 Amended by No. 27 of 2014, s. 9, Applied:17 Dec 2014] A decision carried by at least 3 of the votes of the members at a meeting of the Trust shall be a decision of the Trust.

(3) Each member is entitled to one vote on a matter arising for decision by the Trust.

3.   Minutes of meetings

The Trust shall cause accurate minutes to be kept of the business conducted at meetings of the Trust.

4.   Disclosure of interests

(1) A member of the Trust who has a direct or indirect pecuniary interest otherwise than in common with all other beef producers in a matter being considered or about to be considered by the Trust shall, as soon as possible after the relevant facts have come to his knowledge, disclose the nature of his interest at a meeting of the Trust.