Procedural matters

(1) Management shall provide the Board with relevant, accurate and timely information to enable it to discharge its duties. (2) The appointment of directors to special purpose Committees established pursuant to section 9 (3) of this Act shall be based on the respective professional credentials and business experience of the director as are appropriate to the expected work of each respective committee. (3) Every committee established pursuant to section 9 (3) of this Act, shall report on a regular basis to the Board on findings, issues requiring attention, and on recommendations made to the Board on any matter. (4) The minutes of meetings of the Corporation shall, if duly signed by the Chairperson or Deputy Chairperson presiding at the meeting, be receivable in evidence in all legal proceedings without further proof, and every meeting of the Corporation in respect of which minutes have been signed shall be deemed to have been duly convened and held and all the directors present at the meeting shall be deemed to have been duly qualified to act. (5) A Director objecting to a resolution of the Board may request that the reason for his abstention from voting or his 23 contrary vote be recorded in the minutes of the meeting of the Board at which the resolution was passed.