Notice of meetings of directors

(1) Subject to a requirement in the Memorandum or Articles to give longer notice, a director shall be given not less than one day’s notice of meetings of directors. (2) Notwithstanding sub-section (1), subject to any limitations in the Memorandum or Articles, a meeting of directors held in contravention of that sub-section is valid if all of the directors, or such majority thereof as may be specified in the Memorandum or Articles entitled to vote at the meeting, have waived the notice of the meeting; and, for this purpose, the presence of a director at the meeting shall be deemed to constitute a waiver on his part. (3) The inadvertent failure to give notice of a meeting to a director, or the fact that a director has not received the notice, does not invalidate the meeting.