Commonwealth Numbered Acts

AUSTRALIAN OVERSEAS PROJECTS CORPORATION ACT 1978 No. 105 of 1978 - SECT 20

20. (1) The Board shall hold such meetings as are necessary for the
performance of its functions.

(2) The Chairman or, if the Chairman is unable (whether on account of illness
or otherwise) to perform the functions of his office, the Deputy Chairman, may
at any time convene a meeting of the Board.

(3) The Chairman or, if the Chairman is unavailable (whether on account of
illness or otherwise) to perform the functions of his office, the Deputy
Chairman, shall convene a meeting of the Board upon the receipt of a request
in writing from not less than 3 Directors.

(4) The Chairman shall preside at all meetings of the Board at which he is
present.

(5) If the Chairman is not present at a meeting of the Board, the Deputy
Chairman shall, if present at the meeting, preside at the meeting.

(6) If neither the Chairman nor the Deputy Chairman is present at a meeting of
the Board, the Directors present shall elect one of their number to preside at
the meeting.

(7) At a meeting of the Board, 5 Directors constitute a quorum.

(8) Questions arising at a meeting of the Board shall be determined by a
majority of the votes of the Directors present and voting.

(9) A Director presiding at a meeting of the Board has a deliberative vote
and, in the event of an equality of votes, also has a casting vote.

(10) In this section-

   (a)  a reference to the Chairman shall, if there is an acting Chairman, be
        read as a reference to the acting Chairman;

   (b)  a reference to the Deputy Chairman shall, if there is an acting Deputy
        Chairman, be read as a reference to the acting Deputy Chairman; and

   (c)  a reference to a Director shall be read as including a reference to an
        acting Director and to an acting Managing Director.