Rules of the Trust

(1) The Board may from time to time make rules of the Trust, not inconsistent with this Act, for all or any of the following purposes– (a) regulating the proceedings of the Board; (b) providing for the custody of the property of the Trust, and the custody and use of the common seal of the Trust; (c) regulating the terms and conditions of employment of persons appointed under section 14; (d) regulating the manner in which the Trust Fund shall be dealt with; (e) providing for such other matters as may be necessary or expedient for the carrying out of the functions of the Trust. (2) Notice in writing of every proposed resolution to make rules under this section or for the amendment or revocation of any rule so made (including a copy of the proposed rules, amendment, or revocation), shall be given to every director not less than twenty-one days before the meeting at which the proposal is to be moved, but an inadvertent failure to comply with this subsection shall not invalidate the making, amendment, or revocation of any rule at that meeting.