Meetings of the Board

(1) The first meeting of the Board shall be held as soon as practicable after all members have been appointed. (2) Subsequent meetings of the Board shall be held at such times and places as the Board may determine but not less than once every three months in the year. (3) The Secretary to the Board shall give to each Director not less than seven days’ notice in writing of a Board meeting. Such notice shall state the nature of the business to be transacted at the meeting. (4) The Board shall employ the services of a staff member of the EDC as secretary to the Board. The Secretary shall ensure that all records of the Board’s acts and decisions are properly kept. (5) The Chairperson shall preside at every meeting of the (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 to do so; and 14 (b) if the Deputy Chairperson is absent or is for any reason unable to preside at the meeting, then the Directors present shall elect one of their number to preside. (7) A pro tem Chairperson shall have all the powers of the Chairperson at that meeting, including the power of exercising a casting vote in addition to his original vote. (8) No act done by a pro tem Chairperson shall in any proceedings be questioned on the ground that the occasion for his so acting had not arisen or had ceased. (9) Notwithstanding subsection (2) of this section, the Chairperson, the Executive Director or the majority of its members may at any time call a special meeting of the Board, provided that the request is made in writing five days in advance stating the objective of the meeting. (10) A quorum for any meeting of the Board shall be six (11) Decisions of the Board shall be by majority of the votes cast by those present at the meeting, provided that in any case in which the voting is equal, the person presiding at the meeting shall have a second or casting vote. (12) No acts, decisions or proceedings of the Board shall be invalid by reason only of, (a) any vacancy in the membership thereof; (b) any defect in the appointment or qualification of a person purporting to be a member thereof; (c) any minor irregularity in the convening of any meeting thereof. Enterprise Development Center [CAP. 279:01 15