Meetings of the Board

(1) The Board of Directors shall meet at such place and as often as the business of the Board requires but not less frequently than once every month in the year. (2) The Chairperson, or in the absence of the Chairperson, the Deputy Chairperson, shall summon a special meeting of the 22 Board within seven days of a requisition for that purpose addressed to him in writing by any three Directors. (3) A quorum for any meeting of the Board shall be four Directors, and the Chief Executive Officer of the Board. (4) Decisions of the Board shall be by majority of the votes, provided that in any case in which the voting is equal, the person presiding at the meeting shall have a second or casting vote. (5) Minutes of the meetings of the Board shall be maintained in proper form by the Secretary of the Board. (6) Where for any reason, the Chairperson is unable to preside at any meeting of the Board– (a) the Deputy Chairperson shall preside if he is present and able; and (b) if the Deputy Chairperson is absent or unable to preside, then the Directors present shall elect one of their number to preside.