Procedure and meetings

(1) The Board shall meet at such times as may be necessary or expedient for the transaction of business, and such meetings shall be held at such places and times and on such dates as the Board shall determine, Provided that the Board shall meet at least once a month. (2) Minutes in proper form of each meeting of the Board shall be kept by the secretary. (3) The Chairperson may at any time call a special meeting of the Board and shall call a special meeting to be held within seven days of a written request for that purpose addressed to him by any two directors. (4) The decisions of the Board shall be by a majority vote. (5) The Chairperson, or in the absence or inability to act of the Chairperson, the Vice-Chairperson, shall preside at the 9 meetings of the Board, and when so presiding, the Chairperson or the Vice-Chairperson, as the case may be, shall in addition to an original vote have a casting vote in any case in which the voting is equal. (6) The Chief Executive Officer of the Authority shall attend all meetings of the Board, but shall have no right to vote. (7) The quorum of the Board shall be three members with voting rights. (8) Subject to the provisions of this Act, the Board may regulate its own proceedings. (9) The validity of any proceedings of the Board shall not be affected by any vacancy amongst the directors or by any defect in the appointment of a director. (10) A member of the Board who is in any way, directly or indirectly, interested in a contract made or proposed to be made by the Board shall, as soon as possible after the relevant circumstances have come to his knowledge, disclose the nature of his interest at a meeting of the Board. (11) Any disclosure made under subsection (10) of this section, shall be recorded in the minutes of the Board and the member, (i) shall not take part after the disclosure in any deliberation or decision of the Board with respect to the contract; and (ii) shall be disregarded for the purpose of constituting a quorum of the Board for any such deliberation or decision.