← belizelaw.ai · Social Investment Fund, Cap. 43 · PART IV — Administration
Meetings of the Board
Cap. 43, s. 11 · Revised Edition 2020
(1) The Board of Directors shall meet as often as the business of the Board requires but not less frequently than once every month in the year.
(2) The Chairperson, or in his absence, the Deputy Chairperson, shall summon a special meeting of the Board within seven days of a requisition for that purpose addressed to him in writing by any three Directors.
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(3) A quorum for any meeting of the Board shall be four Directors, one of whom shall be the Executive Director.
(4) Decisions of the Board shall be by majority of the votes cast provided that in any case in which the voting is equal, the person presiding at the meeting shall have a second or casting vote.
(5) The Board shall employ the services of an official or other member of the staff as secretary and shall ensure that records are kept of its acts and decisions.
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